Peruvian squid exports to China surge by 12 times, Asian demand drives strong industry recovery

Published 2025년 10월 5일

Tridge summary

Core Insight: According to data released by Peru's Ministry of Production (Produce), from January to June 2025, the country's exports of frozen squid products reached $7.34 billion, a sharp increase of 256.1% compared to the same period last year. Among these, exports to the Chinese market showed explosive growth, with a year-on-year increase of 1226.2%, becoming the strongest engine of this round of recovery.

Original content

This outstanding performance also drove the overall growth of Peru's national seafood exports. In June 2025, the country's fishery and aquatic product exports reached $577.1 million, a year-on-year increase of 23%. Among these, the export value of seafood for direct consumption surged by 132.8%, while the monthly export value of frozen squid alone reached $207.1 million. From collapse in capture to surge in exports Looking back at 2024, due to a decrease in marine resources, Peru's giant squid catch had plummeted by 69.7%, leading to a significant reduction in both export volume and value. This downturn was completely reversed in the first half of 2025. Data shows that in the first half of this year, Peru's giant squid catch reached 422,000 tons, a substantial increase of 200% compared to the same period in 2024. More noteworthy is the profound change in product structure: raw materials for the frozen processing segment increased by 244.4%, those for the canned segment increased ...

Source: Foodmate