Four Peruvian seafood products with great export potential to 10 markets

Published Jun 1, 2021

Tridge summary

The Institute for Foreign Trade Research and Development of the Lima Chamber of Commerce (Idexcam) has identified four Peruvian seafood products, including frozen squid, fan shells, preserved squid, and egg cups, with high export potential to markets in Asia, Europe, and North America. These products are experiencing growing demand worldwide, with significant growth in exports to countries such as South Korea, Malaysia, Taiwan, Germany, Italy, Kazakhstan, and Lithuania. Peruvian companies in the fishing sector can benefit from this trend, as it is expected to continue reversing the figures reported in 2020.

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Original content

Frozen squid, fan shells, preserved squid and egg cups are four Peruvian seafood products with great potential to export to 10 markets, revealed the Institute for Foreign Trade Research and Development of the Lima Chamber of Commerce (Idexcam). Idexcam stated that in the first months of the year these products are registering a progressive demand worldwide, thus creating commercial opportunities for fish exports to the markets of Asia, Europe and North America; specifically to South Korea, Malaysia, Taiwan, Germany, Italy, Kazakhstan, Lithuania, Belgium, Canada and the United States. Frozen squid Frozen squid exports to March increased 46% in relation to the same period in 2020. This result is explained by the fact that several countries, especially in Asia, have begun to demand more of this product. Therefore, this is a market with potential for increased exports, he points out. This is the case of South Korea, a country that demanded US $ 349 million of frozen squid in 2020, ...

Source: AgroForumPeru