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Increased fish exports

This article was originally published in Foodnews

PERUVIAN fish exports are expected to recover in the second half of the year despite the global recession, predicted Humberto Speziani Cuevas, president of the Fisheries and Aquaculture Committee of the country's Exporters Association. Exports in the first two months of 2009 reached US$341.3 million, a 21% decline from the same period in 2008 - Speziani Cuevas linked this to the financial crisis and the weakening euro against the US dollar, which led to some markets suspending or cancelling their orders. Traditional fish exports (such as fishmeal) totalled US$250.6 million in the two months, while nontraditional products - comprising frozen fish, shrimp tails and canned mackerel and tuna, among others - generated US$90.8 million.

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