Two important news items for the fishing sector have been announced by the Peruvian government over the last few weeks: the sale of scallop grew by over 50% in 2018, and the quota for giant squid has been cut back by 26.1% for this year.

According to figures from Peru’s Department of Economic Studies under the Ministry of Production (Produce), scallop exports in 2018 increased by 56%, reaching an economic value of 73.9 million dollars.

In addition to this, by ministerial resolution, Produce has established that in the course of 2019 450,000 tonnes of giant squid can be caught. This figure means a 26.1% fall in terms of the 609 thousand tonne quota set for 2018.