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Market – September 20, 2021

Salmon exports from Chile to China fall 65% in first half of 2021

Formed in 2013 following the union of five consolidated Chilean salmon companies (Australis, Blumar, Camanchaca, Yadran & Marine Farm) New World Currents (NWC) was created exclusively for competing in the Chinese market.

Total export value for the category was US$43 million, a decrease of 64.8 per cent on the previous year. 

The Chinese export market has become a pillar of Chile’s foreign trade during the last two decades.

However, new figures released by Chile’s National Customs Service Studies Department have highlighted a decline in salmon and trout exports from the South American country to China in the first half of the year. Total export value for the category was US$43 million, a decrease of 64.8 per cent on the previous year.

Read more: Trouble in Chile has saved European salmon sales

According to news site Jiemian, China imports about 80,000 tons of chilled and frozen salmon each year. Chile, Norway and the Faroes are the main suppliers, with rapid growth in the market in recent years playing a key role in producers’ strategies.