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Mexico Leads Latin America's Fish Exports to China

Economics +1 more

MEXICO - Mexico topped the Latin American exports of fish to China, a market that is expected to generate higher growth in global demand for sea food products in the following decades.

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Mexican exports of fish, crustaceans, molluscs and aquatic invertebrates to the Chinese market totaled $101 million in 2011, an annual increase of 235 per cent, ranking ahead of Chile (87 million), Peru (44 million) and Ecuador (40 million), reports ElEconomista.

The figure for Mexico was highlighted by Miguel Galvez, assistant manager of the China Chamber of Commerce of Peru, to participate in the VII International Convention Aquaculture and Fisheries in this city.

"The middle class is growing in China and they devote part of their increased income to eating better ... proteins, fruits and vegetables," said Mr Galvez.

China bought seafood from abroad for 5.588 million dollars last year, the fourth global importer, surpassed only by Japan, the US and Spain.

It is expected that Chinese demand will become more dynamic due to government campaigns for healthy eating.