Shipments increased significantly in the three main markets: the United States, Japan and Brazil.
This week, the Los Lagos Directorate of the National Statistics Institute (INE) published the Export Bulletin corresponding to March 2022, where it detailed that the region reached 637.9 million dollars (MMUS$), registering an increase of 29.2% in twelve months, mainly affected by a greater dynamism of the industry sector, which showed an increase of 30.0%.
Within the industry heading, the branch of economic activity with the highest positive impact was food – with salmon at the head – with an increase of 29.7% year-on-year.
According to economic bloc, APEC (Asia-Pacific Economic Cooperation - Asia-Pacific Economic Cooperation) led with MMUS$511.8, noting an increase of 32.9%, equivalent to an additional MMUS$126.6 compared to March 2021, and further influencing the increase in the value of shipments to the United States and Japan. After APEC was located NAFTA (North American Free Trade Agreement – NAFTA – North American Free Trade Agreement) with MMUS$270.3, which scored a growth of 33.1%, influenced by the increase in shipments to the United States, mainly.
Salmon factor
With regard to the value of the various lines of salmon products, 83.8 per cent of the region ' s exports and 87.8 per cent of food consignments participated in this period, totaling MMUS$534.5. This exported value meant an increase of 34.9% in twelve months, equivalent to MMUS$138.3.
Salmon exports were mainly to North America (45.7%), Asia (38.0%) and South America, which registered 10.7% share.
At the country level, United States represented 40.7% (MMUS$217.4) of the total exported salmon, scoring a 37.2% increase the value of their shipments in twelve months, being the greatest impact on the increase of the export of this product from the sea. Japan, in the second place with 24.4% (MMUS$130.2), increased 37.6% its export value year by year. Brazil, meanwhile, participated of 7.4% of these shipments, registering MMUS$39.5 and a increase of 22.4%.
Lower unemployment rate
The Los Lagos region has an area of 48,584 km2 and a population of 828,708 according to the 2017 Census.
According to the most recent INE Employment Bulletin for the January-March quarter of 2022, The unemployment rate in the Los Lagos region is 2.5 per cent (decreased by 1.4 percentage points from the same period in the previous year), the lowest in the country (at the national level is 7.8 per cent). The other two regions of the southern-southern macrozone, and where the salmon industry is the protagonist, are also among those with the lowest unemployment: 5.1% Aysén and 4.1% Magellan.
