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

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Jose Carlos Montes Ninaquispe ORCID logo, Marco Agustín Arbulú Ballesteros ORCID logo, Marilú Trinidad Flores Lezama ORCID logo, Hugo Daniel García Juárez ORCID logo, William Teófilo Castro Muñoz ORCID logo, Rafael Martel Acosta ORCID logo, Diego Alejandro Ludeña Jugo ORCID logo, Julio Ernesto Blas Sanchez

https://doi.org/10.22495/cbsrv6i3siart2

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Abstract

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.

Keywords: Economics, Exports, International Trade, Comparative Advantage, Fishmeal, Global Market, Sustainability

Authors’ individual contribution: Conceptualization — J.C.M.N.; Methodology — M.A.A.B., M.T.F.L., W.T.C.M., and D.A.L.G.; Investigation — J.C.M.N., H.D.G.J., W.T.C.M., R.M.A., D.A.L.G., and J.E.B.S.; Writing — J.C.M.N., H.D.G.J., M.T.F.L., and R.M.A.; Supervision — J.C.M.N., M.A.A.B., and J.E.B.S.; Project Administration — J.C.M.N. and M.A.A.B.

Declaration of conflicting interests: The Authors declare that there is no conflict of interest.

JEL Classification: F1, F5, F6

Received: 04.08.2024
Revised: 01.12.2024; 31.07.2025
Accepted: 07.08.2025
Published online: 11.08.2025

How to cite this paper: Montes Ninaquispe, J. C., Arbulú Ballesteros, M. A., Flores Lezama, M. T., García Juárez, H. G., Castro Muñoz, W. T., Martel Acosta, R., Ludeña Jugo, D. A., & Blas Sanchez, J. E. (2025). Commercial position and fishmeal export strategy: Trends and opportunities in the global market [Special issue]. Corporate & Business Strategy Review, 6(3), 246–252. https://doi.org/10.22495/cbsrv6i3siart2