Argentina's Fisheries Exports Fall 5.8%

Argentina's Fisheries Exports Fall 5.8% - ARGENTINA - Argentine fisheries exports during the first nine months of this year dropped 5.8% compared with the same period in 2003. This is mainly due to a significant contraction in shellfish and mollusc sales.

The official release from the Argentine Fisheries Department and the Food Health and Quality Office shows that exports of shellfish and molluscs decreased 31.9% in volume and 23.4% in value between January/September 2004.

However, an improved performance in overseas sales of frozen and canned fish helped to counterbalance the loss which has dropped 5.8% in value and 2.8% in volume so far.

Nevertheless, during the first nine months of 2004, fisheries exports were higher than the traditional beef and other meats overseas sales.

Fisheries exports totaled 691 million US dollars, while beef and other animal meats recorded 580 million US dollars.

Argentine animal origin exports in 2003 reached 3,361 billion US dollars.

Source: eFeedLink - 22nd November 2004