Fishing mean half GDP growth in Peru April

The results of the first fishing season, along with the production of fishmeal and fish oil industry has allowed more than 2% contribution to GDP growth

The president of the union, Elena Conterno, has stressed that thanks to the effect fishing total GDP growth would reach 4.8% in April, one of the best results in the last 12 months. Fast forward in meeting the quota of the first fishing season would explain the good performance of April.

According Conterno, June 7 has covered 89.3% share, that is, there are only 277 000 tonnes for fishing. The industrial sector has been diligent in trying to fish for anchovy allocated this season, due to the uncertainty generated by the phenomenon of El Niño.

Despite the climatic issue, Elena Conterno is optimistic that the second fishing season will open by year-end, due to the current good condition of the biomass of anchovy. You could even close to capture 5 million tonnes of anchovy in the year and thus grow 122% compared to 2014.

Achieved this result by one percentage point to annual GDP be provided. “This year, the fishing will be a valuable player for the country’s economy” in the words of Elena Conterno.

Meanwhile, the National Fishing Vessel Owners Association of Law 26920 has requested to extend the fishing season until the end of this month because the timber fleet had delays in their catch.

Of course, both fishing unions have stressed that the success of the first season were possible due to the injunction that allows them to fish from the mile 5.

Source: Microconsult