The Russian government is pushing for aquaculture development, but progress is hindered by lack of investment and outdated equipment and technologies.

Russian exports help keep Chile afloat

The value of Chilean salmonid exports to Russia rose by 51 per cent during the first two months of the year, although the country's exports to other markets have fared less well. 

Published Last updated

According to figures from Salmonchile, the country exported 125,545 tonnes of salmonids in the first two months of this year, worth US$ 691 million - a 7.0 per cent increase in volume but a 7.7 per cent decrease in value.

11,242 tonnes of those exports went to Russia, figure 57.2 per cent higher compared to the same periods of 2015 and 2014 and a 51.4 per cent increase in value, up to US$ 53 million.

Chilean shipments of salmonids to the US totalled 26,679 tonnes - 13.2 higher than in the same period of 2015 and a 17.4 per cent increase compared to the first two months of 2014. However, the value of those exports experienced an 8.0 per cent decrease up to February 2016, falling to US$ 195 million.

The country's exports to Brazil totalled 17,342 tonnes - a 2.9 per cent decrease compared to the same period of 2015 and a 6.3 per cent decline compared to the first two months of 2014. The value of these exports decreased 11.1 per cent, falling to US$ 80 million.

Finally, shipments to Japan totalled 42,627 tonnes up to February 2016, much the same as in the same period of 2015, and a 34.4 per cent increase compared to the first two months of 2014. However, the value of these exports fell by 11.4 per cent, to US$ 225 million.