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The United Nations Food and Agriculture Organization (FAO) reported, through its biannual report The State of World Fisheries and Aquaculture (SOFIA), that Latin America and the Caribbean accounted for 15% of global fisheries and aquaculture exports in 2024. The report, presented during the Our Ocean Conference in Mombasa, Kenya, highlights the region's relevance in the global supply of aquatic foods. Ecuador and Chile are among the top five global exporters in the sector.
According to the FAO, the region maintains a favorable trade balance driven primarily by high-value products such as salmon, farmed shrimp, and fishmeal. Furthermore, Latin America and the Caribbean represent 9% of the world's aquatic animal production. The report also highlights the sustained expansion of aquaculture, which increased from 800,000 to 4.4 million tons between 2000 and 2024.
FAO projections foresee that regional fisheries and aquaculture production will grow by 8.3% by 2034, driven mainly by aquaculture. This performance strengthens the region's participation in global supply chains and international maritime trade. For Ecuador, these trends represent opportunities to expand markets, strengthen port logistics, and consolidate its export competitiveness.
Source: Ruta Pesquera
