Africa is positioned as the main recipient of Chilean horse mackerel: Exports grew by 10.2% in July

Published 2023년 8월 11일

Tridge summary

Chile's horse mackerel exports have increased by 10.2%, reaching $44 million, marking its fourth-highest value. The country's total exports for the year have already reached $279 million, a 16.4% increase from the previous year, largely attributed to the growing sales to Africa, particularly Nigeria, Burkina Faso, and the Ivory Coast. Meanwhile, Chile's exports of goods and services not related to copper and lithium have increased by 2.5%, with service exports showing notable growth in sectors like consulting, administration, and research and development.

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

Original content

The analysis carried out by the institution's Market Intelligence Department, based on figures from the National Customs Service, shows that horse mackerel exports increased by 10.2% compared to July last year, registering sales for US$ 44 million, its fourth historical value. As of 2020, horse mackerel has experienced a significant increase in its exports, reaching a record figure of US$ 58 million in March 2023. So far this year, total exports have already accumulated US$ 279 million, 16.4% more than in 2022. This boom in exports is largely attributed to the exponential growth of sales to the African continent, focusing on markets such as Nigeria, Burkina Faso and the Ivory Coast. In this last market, only in the month of July, exports experienced a rise of 291%, reaching US$ 13 million. “The increase in exports is due to the greater availability of this fishing resource, which has made it possible to satisfy international demand. In addition, horse mackerel offers a valuable ...

Source: Portaldelcampo