Tridge summary
According to the report by the Peruvian Exporters Association (Adex), Peru's squid exports reached $135 million in the first quarter of 2025, representing a 43.6% increase from $94.249 million in the same period last year. This significant growth is attributed to demand from South Korea and China, which together account for 56.8% of total demand. The recovery of the processing industry, the reconstruction of logistics chains, and increased post-pandemic consumption have driven these purchases.
Original content
Data from the export association's service and extractive industries management department shows that South Korea is the main destination, accounting for 32.4%, with exports of $43,829,000, representing a 209.8% increase compared to the first three months of 2024 ($14,148,000). The top five destinations also include Mainland China ($32,990,000), Spain ($29,849,000), Italy ($10,106,000), and Japan ($5,671,000). Additionally, shipments were sent to Thailand, the United States, Mexico, Taiwan, and Guatemala. Most goods (98.5%) were frozen products ($13,338,000), followed by dried squid, squid flour, fresh, canned, and pickled foods. Piura was the largest shipping region, accounting for 86.7% ($11,738,600). Small quantities of products were exported from Lima, Callao, Ancash, Tacna, Ica, and Moquegua. Adex stated that frozen squid dominated the fisheries and aquaculture supply in the first quarter of 2025. To promote exports and establish a forum for discussing pending fisheries and ...