Brazil to import Argentine shrimp again

The Ministry of Agriculture, Livestock, and Supply (MAPA) authorized the first Argentine institutions to resume shrimp exports to Brazil.

Beneficiary companies include Pesquera Veraz and Iberconsa, but others will be added over the next few months.

The Brazilian market remained closed to Argentinian crustaceans for more than six years, due to a court order filed by the Brazilian Shrimp Breeders Association (ABCC), with allegations concerning health risk.

Argentina expects to export between 15 to 20 thousand tons per year of shrimp to Brazil.

According to data from Argentina’s Indec (National Institute of Statistics and Census), between January and May this year, 47,371 tons of shrimp were exported globally, generating revenues of US$332.5m.

Fish export stability

Argentine fish and seafood landings increased by 8.8% during the first six months of the year compared to the same period of 2018. Exports, on the other hand, fell 0.3%, as did the income, which had a 2.9% decline, according to data released by the country’s Secretariat of Fisheries.

Landings in January/June totaled 412,730 tons, 33,475 tons more than the previous year. The hake with 169,662 tons, 47% of the total, was the star along with the Patagonian grenadier, which rose 58.5% to 24,885 tons.

Squid landings fell by 12.9% to 93,786 tons, Argentine shrimp dropped by 8.6% to 75,669 tons, as well as other smaller species.

Mar del Plata was again the main port of landing with a slight increase compared to the first half of 2018, totaling 183,034 tons.

Regarding exports, in the first five months of this year, 780,258 tons were exported abroad, a slight decrease of 0.3%, although the loss was greater in revenue, from 2.9% to US$780.2m.

This is attributed to lower prices for squid, hake, pink conger, king crab, black hake, among other species. China, Spain, the United States, Brazil, and Russia are the main markets for Argentine fish production.

Sources: Mercopress and Pescare

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