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Sharp drop in exports of fishmeal in May
Date: 2010/8/10 Click: 1731

During last May, Peruvian fish exports generated USD 100.9 million in revenue, 47.7 per cent less than the same month of 2009, when it totaled USD 193.1 million, the Ministry of Production informs.
 
The export volume dropped by a staggering 68.9 per cent to 64,300 tonnes compared to the 206,300 tonnes a year earlier. This decline was mainly due to lower sales of fish for indirect human consumption.
 
As indicated by the latest Statistical Bulletin produced by the Ministry, during May of this year, 17,100 tonnes of fishmeal were exported, while in the same month last year around 157,900 tonnes were exported which is a monumental decline of 89.2 per cent.
 
With respect to the value of meals exported in May, the total was USD 28.9 million, i.e.: 79.2 per cent less than the same month last year when the figure amounted to USD 138.8 million.
 
The main markets for Peruvian meals were China, Germany, Japan, Chile, United Kingdom, Turkey, Vietnam, Taiwan, Australia and Spain, which bought around 93.6 per cent of the total sales between January and May 2010 (421,800 tonnes).
 
Exports during May increased foreign sales of fishmeal in the first five months to USD 599 million, up 10.1 per cent over the same period in 2009 (USD 544.1 million).
 
Meanwhile, exports of crude oil totaled 11,600 tonnes last May, i.e.: 6.4 per cent more than the same month in 2009 (10,900 tonnes). 
 

 Peruvian fishmeal exports between May 2009 and 2010 in thousands of tonnes.

While in the first five months of 2010 there were 74,600 tonnes of oil sold abroad, ie, 20.4 per cent less than the same period last year (93,700 tonnes).
 
They went mostly to Belgium, Chile, Canada, Norway, Australia, Denmark, China and the United States, which accounted for 95.6 per cent of the total sales.
 
Last May, shipments of oil generated USD 12.3 million, a 75.7 per cent increase in the fifth month of 2009 (USD 7 million).
 
Between January and May the quantity of oil exported was USD 74.2 million, an amount that represents a decrease of 7.9 per cent over the same period in 2009 (USD 80.6 million).
 
In May 2010 about 28,700 tonnes of frozen products were also exported, which accounts for a decrease of 7.8 per cent compared to the 31,100 tonnes exported a year earlier.
 
In the first five months of this year, 125,200 tonnes of frozen products were shipped abroad, ie 10.8 per cent less than during the same period of 2009 (140,400 tonnes).
 
They went mainly to China, Spain, United States, Korea, Thailand, Italy, Russia, Germany and France.
 
In a similar fashion, during the fifth month of 2010, 1,400 tonnes of canned goods were exported, a volume that accounts for a decrease of 36.4 per cent compared to the 2,200 tonnes exported a year earlier.
 
In the first five months of this year, 7600 tonnes of canned goods were exported, ie 46.5 per cent less than during the same period of 2009 (14,200 tonnes).
 
The main destinations for these products were Colombia, Panama, Spain, Germany, Haiti, Chile, Taiwan, UK and USA.
 
Exports during May increased the total volume of fish products sold overseas in the first five months of this year to 652,700 tonnes, which represents a decrease of 28.8 per cent compared with the 917,000 tonnes in the same period in 2009.
 
The value of shipments for the first five months reached USD 952 million, representing an increase of around 9.3 per cent compared to the same period last year, which was USD 871 million.

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