Argentina’s seafood export revenue accounted for 3.9% of total agricultural export revenue in January

Seafood

Argentina

Market & Price Trends

Published Mar 13, 2024

Tridge summary

In January, Argentina saw a 35.3% increase in seafood export volume, equating to a value increase of US$138 million. This includes increased exports of cod fillets, squid, and shrimp, with the latter seeing a 58% year-on-year increase in whole shrimp export volume. However, the export price of whole shrimp and shrimp tails has decreased. The country's export value to Brazil rose by 34%, making up nearly half of total exports. Notably, Argentina exported 1,838 tons of frozen whole cod to Russia at an average price of $1,535 per ton.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The export volume of seafood in January was 26,041 tons, and the export value increased by US$138 million, or 35.3%, of which US$45 million came from exports to Asia and US$36 million came from exports to Europe. In terms of export volume, the export volume of cod fillets, squid and shrimp has increased, but the export price of whole shrimp and shrimp tails has continued to deepen. The export price of ordinary cod was US$3,326 per ton, a slight increase of 1% year-on-year. The overall export value in January this year increased by 13.9% in US dollars. The export value to Brazil increased by 34%, accounting for nearly 50% of total exports, ranking first among exporters. In the first place in the market, Spain ranked second, with exports increasing by 11.6% year-on-year, followed by Poland, with exports increasing by 7% year-on-year. Argentine frozen whole cod exports in January exported 1,838 tons at an average price of $1,535 per ton, mainly to Russia, which increased exports by ...

Source: Foodmate