Wholesale prices of Chilean salmon species (Salmo salar) in the competitive Brazil market recovered by nearly 13% weekly, starting December 8, 2025.
The improvement effaces several lapses including week 2 of November when cross-border rates had dipped to under $US6 a kg.
Although unclear how much it is commanding currently, the fish is apparently gaining in value, especially the 10 to 16-pound market category.
Combined salmon and trout sales to Brazil in Q1 2025 grew slightly to US$247 million, per the governmental ProChile agency.
Even if only increasing by 0.6% year-on-year, the value highlighted Brazil’s importance as the leading regional destination for Chile’s seafood.
The hike was also significant because the farmed Atlantic species has since late 2024 attracted competition from Norway within Latin America’s markets.
Norway Splits Market
Brazil, which is Chile’s second biggest salmon market after the United States, has lately welcomed global export leader, Norway.
Norway’s Food Safety Authority (Mattilsynet) finally won overtures to export local salmon to Brazil in September 2024 after a 3-year wait.
The agreement effectively authorized Rio to import anything from whole to gutted and smoked salmon from Oslo, per Seafood Source.
This market division found Chile’s niche export value to Brazil from January to July 2024 up 15.2% annually, with volumes at 86,074 tonnes.
An annual decrement by 2.8% in Chile’s salmon shipments globally ensued in Q1 2025, reflecting the divided Brazil market and U.S.’ tariff effect.
National shipments worldwide dropped to 218,355 tonnes from January to March 2025. Sources linked the decline to a 10% tariff to the U.S, the recipient of 40% of local salmon. And as the following data section reveals, the United States and Brazil drive annual values for the Patagonian country.
Chilean Salmon Statistics
Chile is the world’s second biggest harvester of farmed salmon after Norway, with its species popular as Chilean salmon. The country fishes from the Atlantic Coast, fjords on Patagonia and Mapuche rivers. These sources helped up 1990-2017 landings by almost 3,000%, according to the Latin American Post. The growth illustrates why salmon remains the second biggest overall export by Chile after copper.
Chilean salmon landings average over 1.1 million tonnes each year, as of 2023, according to the U.S. Department of Agriculture (USDA). In 2021, the country exported 615,000 tonnes of the fish. Quarter 1 of 2025 found trade waning due to oncoming tariffs from the United States. However, the U.S. still scooped up 40% of exports, totaling 56,474 tonnes worth US$760 million that first quarter. Brazil in turn had in the first 7 months of 2024 imported 86,074 tonnes of Chilean salmon worth US$560 million.
How much salmon value does Chile export annually?
Chile exports salmon to 80 destinations globally that have resulted in the following annual values:
| Year | Export Value |
| 2023 | $6.13 million |
| 2022 | $6.23 million |
| 2021 | $4.86 million |
| 2020 | $3.97 million |
| 2019 | $4.66 million |