January 12, 2007


Chile exports US$3 billion worth of seafood in 2006



Chile's fisheries exports totaled US$2.945 billion during the first ten months of 2006, up 19.6 percent over the same period a year ago, according to the Fisheries Under Secretariat, SUBPESCA.


While the value of exports went up, total volume went down 18 percent to 1.16 million tonnes compared to 1.36 million tonnes in 2005.


Significantly, aquaculture generated the most export value, 64.1 percent of total fisheries exports equivalent to US$1.9 billion for 393,000 tonnes, the SUBPESCA report said. This represents a value increase of 30.8 percent and 2.4 percent in volume compared to 2005. 

High seas fishing activities on the other hand, generated only half the value in aquaculture, bringing in US$1.052 billion at 764,000 tonnes, up 3.8 percent over the first ten months of 2005, according to figures from SUBPESCA.


Fishmeal was the chief item in Chilean seafood products, followed by frozen products, fresh refrigerated produce and canned goods. Fishmeal exports totaled US$412 million, mostly to Japan, China and Taiwan. Exports were up 9.4 percent over the same period in 2005. 


Salmon made up 39.6 percent of the exports, pelagic species 13.1 percent and rainbow trout 12.6 percent, SUBPESCA figures revealed.


Exports of frozen produce reached US$366 million, virtually unchanged, with main markets in Japan, United States and Spain. Main frozen exports were jack mackerel, hoki and sea urchins.


According to SUBPESCA, canned produce sales totaled US$143 million, 6 percent up from the same period a year ago, mostly shipped to Spain, Sir Lanka and Singapore. Fresh refrigerated exports reached US$57.8 million, down 7.5 percent from 2005.

US, Japan, China and Germany were the leading markets for Chilean seafood, with shares of 26.4 percent, 23.1 percent, 7.1 percent and 5.8 percent respectively.