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Salmon dominates Chile’s food exports in 2020, despite value decrease
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The value of Chile’s salmon exports reached USD 4.4 billion (EUR 3.6 billion) in 2020 despite the COVID-19 pandemic, placing the commodity at the top of the country’s food exports and in second place for exports overall – behind only the country’s cash cow, copper.
While salmon remained an important export commodity in 2020, according to the latest report from the Chilean Salmon Council, the amount of salmon exported in dollar terms was 14.6 percent lower than in 2019. The lower value came despite a larger export total, which grew to 779,044 metric tons (MT) – up 7.5 percent compared to the previous year. The lower value was largely related to how prices were impacted by the COVID-19 pandemic, as lower sales to the hotel, restaurant, and catering (HORECA) channel suffered due to closures and operational limits put in place by governments seeking to prevent spread of the novel coronavi