In the first ten months of the year foreign sales of seafood products fell, except for shellfish and shrimp, which are growing at double digits.
Statistics from the Center for Export Procedures (CETREX) show that foreign sales of seafood grew by 19% compared to the first ten months of 2015, while exports of sea shrimp, recorded an increase of almost 13%.
A proposal has been made to reform the law in order to better regulate the fisheries sector, which contributes 5% of GDP, expanding prohibited areas and implementing a moratorium on commercial fishing licenses.
In the first quarter of the year the value of fish exported was $5.1 million, 40% less than in the same period in 2015.
Fisheries sector entrepreneurs confirmed that the decline also occurred in production, but they are relying a reversal of the figures and achieving better results in the year, because in April , "... scale fishing began to show signs of recovery and we hope that in the rest of the year, with expectations of rainfall, production will normalize' "said Armando Segura, president of the Chamber of Fisheries of Nicaragua to Elnuevodiario.com.ni .
New procedures now apply for certification and sanitary permits required to export fishery and aquaculture products.
The Center for Exports reports that since December 15, 2015 a new resolution is in effect which details inspection process to be carried out by fishery plants and aquaculture production centers to certify their products for export.
Only fish consumption of Panamanians is above the world average, with 23 kilos per capita per year.
The growth of purchasing power and increased choice of seafood explain the increased consumption among Panamanians, which averages around 23 kilos a year. The increased purchasing power of Panamanians is added to the growing industrialization in fish production, which along with the increase in marketing channels, increases product availability and consumption.
With a bill to incentivize development of the sector and other measures to provide facilities to farmers, the government aims to boost the growth of aquaculture in the country.
From a statement issued by the Costa Rican Foreign Trade Promotion Office (Procomer):
The Ministry of Production of Peru announced a series of measures aimed at laying the foundations for sustainable development and launching aquaculture within the framework of the implementation of the National Plan for Productive Diversification.
Grupo Calvo is preparing to start exporting to Russia in the first half of the year and plans to invest $3 million in improvements to its plants in El Salvador.
The tuna company is also aiming to increase its exports to England, Germany, Vietnam and Belgium. It also plans to diversify its offerings in the food sector, moving into production and marketing of spicy sauces and seasonings. It is expected that in April the new products will be available to consumers.