Commercial position and fishmeal export strategy: Trends and opportunities in the global market

The article examines the commercial position of fishmeal exports in the global market, emphasizing trends and opportunities. The identified problem centers on the sustainability of the fishing industry amid resource overexploitation, climate variability, and increasing international competition. Utilizing quantitative data from subheading HS Code 230120 of the Harmonized System (HS), sourced from the International Trade Center database, the study analyzes the performance of key exporters, including Peru and Chile, which face income fluctuations due to climatic phenomena such as El Niño and regulatory pressures. The methodology employed adopts a descriptive and quantitative approach, using tools like pivot tables to process and analyze data as in previous studies, and relate them to international trade (Montes Ninaquispe, Pantaleón Santa María, et al., 2024). The findings highlight significant growth in emerging markets such as India and Vietnam, while China consolidates its position as the largest importer, driven by its aquaculture industry. The study concludes that adopting sustainable practices, diversifying markets, and obtaining environmental certifications are essential to address the sector’s challenges. Furthermore, the importance of innovative strategies is underscored to maintain competitiveness, contribute to economic development, and ensure the long-term sustainability of this key industry in international trade.