Exports from Fisheries Grow in Panama

Sales of shrimp, shrimp larvae, fish meal and fish oil saw the largest growth out of total exports from the country in the first half of 2014.

Tuesday, August 26, 2014

Between January and June exports from fisheries and the aquaculture industry were those that showed the best performance, well above traditional goods such as watermelon and pineapple, whose foreign sales decreased by 4% and 24% respectively, compared with the same period in 2013.

Meanwhile, exports of shrimp and shrimp larvae increased by 48.9% and 197% respectively, while sales of frozen yellow fin tuna, fresh fish and fish fillet grew by 66.9%.

Exports of fish meal and oil, another important category within the fisheries sector, increased five-fold between the first half of 2013 and the same period in 2014, according to figures from the Comptroller General of the Republic of Panama.

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More on this topic

Guatemala: New Fish Processing Plant

September 2019

On August 14, the company Rianxeira began to operate its new plant for processing fish waste into flour and oil, located in Escuintla.

The industrial complex located at kilometer 97, highway to Puerto Quetzal, Escuintla, will process all types of waste, such as fish heads, skeletons, bones, bone parts and viscera.

Fish Waste Processing Plant

February 2019

In Guatemala, Rianxeira company expects to have in operation in August, its new plant for transforming fish waste into flour.

The company, which is currently exporting tuna loins and concentrates, reported that the investment in the new production line of the plant in Escuintla, amounts to $2 million and that the raw material to be used will be fish heads, skeletons, bones, bone parts and viscera.

Panama: Shrimp Exports Up

March 2014

In 2013, foreign sales increased by 85% compared to 2012, generating foreign exchange earnings of $76 million.

The growth in demand from Asian countries coupled with the rise in international prices explain the sharp increase in shrimp exports from Panama, which is now seeking to increase its presence in new markets.

Panama’s Fish Exports Fall

January 2012

In November 2011 the sector exported $77.4 million, 54% less than the same period in 2010, when exports totaled $143.3 million.

Concern from the fisheries sector is further increased when comparing 2011 figures with 2008, when foreign sales totaled $298.8 million, according to the Controller General of the Republic.

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