The Panamanian Fishing Industry

42% of total production corresponds to anchovies and herring, 43% to industrial and artisanal scale fishing, 7% to tuna and the remaining 8% to other fish and aquaculture products.

Wednesday, October 29, 2014

One of the factors which explains the preponderance of anchovies and herring in the total fish production is that both types of fish are used for fishmeal and fish oil. reports that "... According to a study by the Food and Agriculture Organization (FAO), fisheries and aquaculture in Panama generate the greatest contribution to the primary sector representing 74.4% and 5.2% of GDP. "

Claudia Beltran, author of the study, said "... This is because the country has a tradition of high consumption and also the fact that we have many visitors, whether for business or tourism. In addition Panama has increased its fish production in terms of volume, basically, through anchovy and herring fishery that are used in the production of fishmeal and fish oil. "

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.

Aquaculture in Costa Rica Survives Competition

February 2016

Innovation in products such as snapper or producing goods for animal consumption has allowed the 2800 Costa Rican aquaculture farms to stay in business.

The advantages of volume and price held by competitors in the Asian market also affected global markets such as aquaculture. Tilapia is an example in Costa Rica, registering a decline of 19.4% in exports, going from 7,166 tons in 2012 to 5,777 in 2015, according to PROCOMER.

More Value Added to Seafood

November 2012

Research on consumer trends points to the need to provide more added value to products from the fisheries and aquaculture sector.

A statement from the Costa Rica Trade Promotion Office (PROCOMER) reads:

Experts point to the need to provide more added value to fishery and aquaculture products

Regional Pact on Fishing Agreements

December 2011

Native or indigenous communities who practice artisanal fishing in Central America, will make agreements that guarantee the sustainability of small-scale fisheries.

A press release from the Ministry of Agriculture and Livestock reads:

With the support of international organizations, indigenous or native communities who practice artisanal fishing in Central America, will make agreements that guarantee the sustainability of small-scale fisheries, uniting responsible fishing and social development.

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