Chilean seafood exports down 17% in May

The decline was primarily due to a noticeable decline in salmon and trout exports, which amounted to $454 million, a fall of 17.1%, as well as sales of fish oil (down 47.8% to $33 million) and algae (down 47.5 % up to $11 million). Fishmeal sales also fell 11.7% to $53 million, as did mackerel exports by 16.4% to $36 million. However, some sub-sectors showed resilience and helped mitigate the overall decline, according to ProChile. Mussel sales increased by 7.9% to $35 million. Cuttlefish exports increased by 17.8% to $20 million. Deep-sea cod exports increased by 45.9% to $10 million, and hake exports increased by 7.6%. reaching $3 million. Among the fastest growing markets, Brazil stood out with imports of $81 million, an increase of 17.4%. This growth was driven primarily by salmon and trout exports, which totaled $79 million, an increase of 19.7%. Brazil accounted for 11.9% of total exports for the month. Spain was the second largest destination market with $32 million in ...