News

Exports in Argentina with a slight drop in May

Frozen Squid
Frozen Hake Fillet
Frozen Common Shrimp & Prawn
Argentina
Published Jun 28, 2022

Tridge summary

According to data provided by CAPECA, foreign sales registered a 1.6% decline compared to the same period in 2021. In the first 5 months of 2022 there were sales of 674 million dollars. The biggest fall was in shrimp and black hake rebounded due to the effect of the context in

Original content

According to the report prepared by the Chamber of Freezers based on INDEC data, total exports as of May 31 have been 174,557 tons for 674 million dollars, registering a drop of 1.6% compared to the same period in 2021. The data reveals that in the year-on-year comparison, sales of whole shrimp decreased by 18.2%, while sales of shrimp tails fell by 10.1%; these drops are the ones that have had an impact on the general balance of exports. The fact is that in other products the value exported has increased: in the case of hake fillet the rise was 6.0% and squid registered a slight increase of 0.8%. Patagonian toothfish registered an increase of 137.2% mainly influenced by the doubling of its price, the report indicates. On the other hand, it is indicated that the hake filet; shrimp and squid improved their prices. Of hake fillets, in total, 23 thousand tons have been exported for 62.5 million dollars, which implies a 10% drop in volume but a 6% rise in foreign exchange earnings, ...
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