Seafood exports from Chile in May 2024 showed a decrease of 17.4%

Published 2024년 6월 27일

Tridge summary

Despite a general decline in the seafood industry, some segments have shown resilience and growth. Mussel sales increased by 7.9% to $35 million, and exports of cuttlefish increased by 17.8% to $20 million. Deep-sea cod and hake exports also saw increases of 45.9% to $10 million and 7.6% to $3 million, respectively. Brazil became the most dynamically developing market, increasing seafood imports by 17.4% to $81 million, largely due to an increase in salmon and trout exports. Spain became the second largest destination market for Chilean seafood, increasing imports by 15.4% to $32 million. France came in third with imports worth $20 million. The article highlights the importance of product diversity and strategic export decisions in the future performance of the industry.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

However, despite the overall decline, some segments of the industry have shown resilience. For example, mussel sales increased 7.9% to $35 million. Exports of cuttlefish increased by 17.8%, amounting to $20 million. Deep-sea cod increased by 45.9% to $10 million, while hake exports increased by 7.6% to $3 million. It should be noted that Brazil became one of the most dynamically developing markets, increasing seafood imports by 17.4% to $81 million. This growth is largely due to an increase in salmon and trout exports by 19.7%, reaching $79 million. Brazil was able to take a share of 11.9% of Chile's total seafood exports for the month. Spain, in turn, became the second largest destination market for Chilean seafood, increasing imports by 15.4% to $32 million. Increased supplies of mussels, cuttlefish and hake contributed to an increase in imports into the country. Spain's share in total exports was ...

Source: Fishretail