Squid exports
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Peru's squid export margin soars in H1
Peru's squid export magnitude increased dramatically in the first half of the year, data released by the Peruvian Ministry of Production showed that Peru exported about 953,400 tons of fish products worth $2.05 billion in the first half of 2023, an increase of 4% in volume and 3% in value compared to the same month of 2022, which, according to the agency, was driven by the significant year-on-year increase in sales of frozen squid, which increased 185% in volume and 185% in value over the same period to 320,300 tons valued at $589.7 million.
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Argentina's fishery exports totaled about 260,000 tons in 2023, down 3.6% compared with last year, while Argentina caught 149,000 tons of squid in the first year of work, and 97,000 tons had been sold as of July 31, down 26% year-on-year, but the decline in foreign exchange is small, because the price of squid this year has increased by about 3%.
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