October 9, 2012


Chile's seafood exports rise 7% in Jan-Jul 2012


Chile's seafood exports reached US$2,813 million in the first seven months of 2012, a rise of 6.6% over the same period of 2011, when US$2,640 million had been achieved.


The volume of exports between January and July 2012 also rose: It experienced an increase of 18.2%, changing from 652,520 -- in 2011 -- to 771,170 tonnes this year, the Undersecretariat of Fisheries and Aquaculture (Subpesca) reported.


This rise was mainly due to higher shipments of chilled and frozen fresh products, which accounted for 42.2% and 23.5% of the total, respectively, as it can be seen in the latest Subpesca Fisheries and Aquaculture Sector Report.


According to Subpesca statistics, the main export was the Atlantic salmon, which accounted for 29.2% of total sales abroad. It was followed by the rainbow trout and the Pacific salmon, among others.


Chilean products were destined for 102 countries, of which the nine major concentrated 81.4% of total exports. Among them are Japan, US, China, Brazil and Spain.


With respect to the primary sector, the accumulated value of fish exports (389,000 tonnes) between January and July 2012 reached US$761.7 million, reflecting a positive variation of 1.5% compared with the same period a year before.


In the first seven months, 193,000 tonnes of fishmeal were sold abroad for US$251.2 million, while a year earlier 178,660 tonnes worth US$279.5 million had been exported.


The most important destinations of fishmeal were China, Japan and Germany.


Of the total fishmeal exported, 56.8% had prime quality, 24.2% had super prime quality and 17.4% had standard quality.


Sales of frozen seafood products abroad totalled USD 338 million, which accounts for an increase of 13.2% over the same period of 2011.


These products were shipped mainly to Nigeria, US and Japan, with shares in value for 26.6%, 16.6% and 11.5%, respectively.


As for canned products, the sales performed in the first seven months of 2012 totalled US$44.4 million, 18.4% lower than a year earlier.


The main markets were Spain, Singapore and Hong Kong, with shares of 23.5%, 20.5% and 11.8%, respectively.


Aquaculture sector exports accounted for 72.9% of the total value of sales abroad and 49.5% of total exports between January and July this year, with US$2,052 million and about 382,000 tonnes.