Fall in fishery exports in Argentina

Published 2022년 11월 11일

Tridge summary

Argentina's Foreign Minister, Santiago Cafiero, has defended the Peronist government's economic policies, highlighting record investments and exports, despite a 3.2% drop in overall exports and a 6.7% decrease in fishing sector exports. The price increase in key products like hake and shrimp tails has offset the volume drop, resulting in higher income. However, whole shrimp exports have seen a 20% drop in demand and a falling price, leading to a 25% revenue decrease. Despite these challenges, squid and crab exports have seen growth, with Patagonian toothfish exports benefiting from a unique commercial situation. The primary markets for these products include Europe, Asia, and North America.

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Original content

“That myth of Argentine isolation is raised whenever Peronism governs because it has dignified positions, which are aligned with the interests of Argentine men and women, with sovereign policies, so it is questioned; today we have investment and export rates that are record high, Argentina participates in all international forums with a strong voice”, Foreign Minister Santiago Cafiero said yesterday from Paris. For this Peronist, "reality is not the only truth." The figures published by the portfolio he directs show a drop in exports of 3.2%; but an increase in prices of the order of 19% was what allowed it to be concealed. In the fishing sector, the speech of record exports is even more blurred, given that they have fallen by 6.7% until September 30, compared to the same period last year. The case of hake is similar to that observed in the country's total exports: it suffered a drop in demand, but a significant rise in price allowed it to generate higher income; In the case of ...

Source: Revistapuerto