January 14, 2013


Chile's Jan-Oct seafood exports rise 1% on-year


In the first 10 months of 2012, Chile's exports of fishery products and aquaculture reached US$3,806.6 million, a rise of 1% over the same period of 2011 which totalled US$3,770.7 million.


The volume of exports saw an increase of 11.3%, from 942,255 tonnes in 2011 to 1,048,600 tonnes last year, said the Undersecretariat of Fisheries and Aquaculture (Subpesca).


Sales of frozen products and fishmeal were the most voluminous, representing 48.9% and 24.1% of the total, respectively, according to the latest Informe Sectorial de Pesca y Acuicultura by Subpesca. Following were frozen products at 11.7% of total and oil at 6.1%, among others.


According to Subpesca statistics, the main export was Atlantic salmon, which generated revenue of US$1,203 million, which is 31.6% of the total value of exports. Behind were the rainbow trout, Pacific salmon and boneless pelagic fish, among others.


Chilean products were sent to 107 countries, of which the nine major ones concentrated 79.4% of total exports. Among them are Japan, US, Brazil, China and Spain.


With respect to the extractive sector, the accumulated value of fish exports (517,000 tonnes) arrived between January and October 2012 for US$1,076 million, reflecting a negative variation of 6.9% compared with the same period last year.


In the first 10 months, 253,130 tonnes of fishmeal for US$345.3 million were sold abroad, while a year earlier 260,570 tonnes worth US$389.2 million had been exported. The most important destinations of fishmeal were China, Japan, South Korea and Germany.


The breakdown of the different types of fishmeal indicates that the prime variety had the highest volume, with 57.2% of total exports, followed by the super prime and the standard one, with 25.3% and 15.9%, respectively.


Foreign sales of frozen seafood products totalled US$484.6 million, which represented a fall of 5.9% over the same period of 2011. These products were shipped mainly to Nigeria, Japan and the US, which accounted for 19.5%, 16.3% and 16%, respectively.


As for canned products, sales in the first 10 months of 2012 totalled US$71 million, 12.8% lower than a year earlier. Aquaculture sector exports accounted for 71.7% of total foreign sales and 50.7% of total exports between January and October last year, with US$2,730 million and about 531,000 tonnes.