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Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Peru: It's going to be a fishy year

Thursday, February 26, 2015 > 10:10:15

(Peru This Week)

By Hillary Ojeda

After producing the lowest number of fish in 15 years, PRODUCE predicts a year of recovery.

The Ministry of Produce (Produce) announced that 2015 will be the year of a great fishing recovery in Peru, after suffering the worst production in the last 15 years.

“We still have to wait for the results from the Peruvian Institute of Sea (Imarpe), but to a large extent, ‘El Niño’ has dissappeared, I think. Thus, I believe this year a great recovery of the sector should take place,” Pierro Ghezzi, Minister of Produce, told Andina News Agency.

Similarly, Minister of Foreign Trade and Tourism (Mincetur), Magali Silva announced that this year exports of fish products for direct human consumption could grow 15%.

“The steady and sustained growth in seafood exports for direct human consumption are the result of joint work between the foreign trade sector, associations and enterprises, as coordinated fashion markets open through Free Trade Agreements (FTAs),” Silva told El Comercio.

Silva reports that exports of fish products for direct human consumption were valued at US$ 1,185,000 in 2014 and are expected to grow this year. Squid took the most bait in 2014 with the highest share of shipments at 42%, followed by shrimp at 14%, and scallops at 11% all for direct human consumption.

Ghezzi told Andina that once results from Imarpe have been finalized, an accurate date will be established for the opening of the 2015 fishing season. However, the southern zone generally begins between April and May.


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