Argentina: September exports and the denial of high growth

Published 2021년 10월 27일

Tridge summary

The article highlights a significant growth in Argentina's fishing sector exports in 2021, as reported by the Ministry of Agriculture, Livestock and Fisheries. Despite the pandemic's impact, the sector has seen the highest year-on-year recovery among Argentina's economic activities, with exports reaching 369,500 tons valued at $1,500 million as of September 30. The growth is attributed to increased volumes, particularly in shrimp, and price recoveries in some products like shrimp and squid. However, not all products have recovered, with prices for some like hake and filets still below pre-pandemic levels. The main markets for these products include Brazil, Spain, China, and the United States. The article also points out challenges such as low product quality and decreased demand in certain markets like Peru. Overall, the fishing sector's performance shows a mixed but generally positive trend in 2021.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This month, fishing will not make headlines after the announcement of the extraordinary growth in exports that reflected the comparison of July 2021 with 2020. It was a circumstantial situation: the shrimp season was delayed for the freezer fleet and for that month of last year they had just begun to deploy the poles. In addition, this happened in the midst of the pandemic that closed hotels, restaurants and even factories where the raw material we export is processed. “Historical record of growth of the national fishing sector”, the Ministry of Agriculture, Livestock and Fisheries titled its statement, with Julián Domínguez again in office: “According to data from the Monthly Estimator of Economic Activity, the national fishing activity is consolidated as the economic sector with the highest year-on-year recovery in 2021 and in the productive segment of Argentina, which leads growth in 4 of the last 7 months recorded ”, they announced. The explanation they gave to a ridiculous ...

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