In 2017, the value of Central American sales of fish, molluscs and crustaceans to companies in Mexico amounted to $69 million, 19% more than was exported in 2016.
Figures from the information system on the the Market for Fish, Molluscs and Crustaceans in Central America, compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption = "Click to interact with graph"]
Between January and September of 2017, Central American countries exported $275 million worth of frozen shrimp and langoustine, 22% more than in the same period in 2016.
Figures from the information system on the Market for Shrimp and Frozen Langoustine in CentralAmerica compiled by the Business Intelligence Unit at CentralAmericaData: [GRAFICA caption="Click to interact with graph"]
In 2016 Central American countries exported $344 million worth of shrimp and frozen langoustine, 7% more than in 2015.
Figures from the information system on the Market for Shrimp and Frozen Langoustine in Central America compiled by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]
From August 27 to 31, a delegation of companies from the Asian meat and fish industry will be meeting with local businessmen to establish business alliances.
The people who make up the group that will be visiting the country represent beef and seafood companies. The businessmen will visit slaughterhouses and local companies in the sector of their interest, with the objective of analyzing the purchase of products and making investments.
The partial scope agreement will be renegotiated in order to improve the preferences of the goods already contemplated in the document, and incorporate others such as agricultural, sea and industrial products.
The current Partial Scope Agreement between the Dominican Republic and Panama, in force since 1987, has a limited coverage of just under 200 products. The governments of Panama and the Dominican Republic said that the expansion of products under the agreement will allow us to explore new opportunities for agricultural products, agro-processed products, seafood and industrial products while maintaining our protection of sensitive products.
In 2016 the value of exports of fish, molluscs and crustaceans reached $714 million, equivalent in volume to 114 thousand tons, 8% less than the amount sold in 2015.
Figures from the information system on thethe Market for Fish, Molluscs and Crustaceans in Central America, compiled by the Business Intelligence Unit atCentralAmericaData: [GRAFICA caption = "Click to interact with the graph"]
Between January and September 2016 Central American countries exported 29 thousand tons of frozen shrimp and prawn to countries outside of the region, equivalent to $204 million.
Figures from the information system on the Market for Frozen Shrimp and Shrimp in Central America compiled by the Business Intelligence Unit at CentralAmericaData: [Figure caption = "Click to interact with graphics"]
Nicaraguan Rum, cigars, seafood, honey, vegetables, beans, timber, medicines and wood furniture will be allowed into Ecuador with preferential tariffs.
From a statement issued by the National Assembly of Nicaragua:
With 83 votes the National Assembly approved, on February 22, a Partial Agreement between Nicaragua and Ecuador that will allow the exchange of tariff preferences and the elimination of non-tariff restrictions on imports of a variety of more than 30 products from both countries.
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%.
In the first phase of the Single Window for Electronic Foreign Trade authorization will be given for export declarations for sea products, and in a second stage, for agricultural products.
From a statement issued by the Ministry of Industry and Trade:
ICIM 09/22/2016.Through the Single Window for Electronic Foreign Trade (VUCE by its initials in Spanish), the Ministry of Trade and Industry has initiated the electronic approval of exports, a joint piece of work with the National Customs Authority, the Government Innovation Authority, the Aquatic Resources Authority of Panama, the Ministry of Health (MOH) and the Ministry of Agricultural Development (MIDA), said Minister Augusto Arosemena, who announced that this is one of the pioneering projects in trade facilitation in our country.
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.
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.
Powered by shrimp farming, the gross value of fisheries and aquaculture production reached $129 million in 2014, 16.3% more than in 2013, when it totaled $113 million.
This growth is mainly due to increased shrimp production, which recorded sales of $74.7 million, of which $66.2 million came from shrimp farming and the rest from shrimp caught in the open sea.
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.
In 2014 revenues from sales abroad of shrimp were $252 million, up 9.1% compared to the previous year.
In 2014 30.7 million kilos of shrimp was produced, up 0.3% from the 30.6 million kilos recorded in 2013. The increase in exports is mainly due to an 8% increase in the international price, according to the Central Bank of Honduras.