October 11, 2005

USDA: Chile fishery products annual 2005

Salmon and trout (Salmonid) production are the main components of Chile's edible fisheries sector.  Exports were valued at $1.44 billion in calendar year 2004, representing 6.6 percent of Chile's total export revenues for both Agricultural and Non-Agricultural products. 

A further expansion is expected in 2005, as prices of exported salmon and trout products continue to increase. Total Chilean aquaculture output will continue to grow based on development and growth of salmon, trout and new species like turbot.  Total exports in 2004 are expected to reach US$ 1.5 billion. 

Exports of value-added salmon and trout products are expected to expand at a faster rate than whole eviscerated salmon. The export share of these processed products has increased from 5 percent in 1990 to 69 percent of the total export value in 2004.

For the full USDA report, click here.