Brazil: Exports of farmed fish grow 72% in the second quarter of 2024

Published 2024년 7월 22일

Tridge summary

In the second quarter of 2024, Brazil's farmed fish exports experienced a significant surge, with a 72% increase compared to the previous quarter, generating revenues of US$23.7 million. The exports were primarily tilapia-based, accounting for 92% of the total weight, with the United States being the primary market. This performance marks a 89% increase in volume compared to the same period in 2023, with Paraná and São Paulo states being the leading exporters. The sector saw a reduction in its trade deficit to US$ 231 million, despite importing US$ 246 million worth of fish farming products, predominantly salmon. This performance highlights Brazil's growing influence in the global farmed fish market.

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Original content

Exports of farmed fish in Brazil continue to rise sharply, as revealed by the Fish Farming Foreign Trade Information, prepared by the Brazilian Agricultural Research Corporation (Embrapa) in partnership with the Brazilian Fish Farming Association (Peixe BR). In the second quarter of 2024, the sector recorded a 72% increase in exports compared to the first quarter of the year, reaching revenues of US$23.7 million. The big highlight was tilapia, which alone represented 92% of the total exported. The United States was the main destination, receiving 87% of Brazilian exports. In total, 3,332 tons of fish were exported, an increase of 89% compared to the same period in 2023. Francisco Medeiros, executive president of Peixe BR, celebrates the results of the first half of 2024, which already represent 96% of total revenue for 2023. "This result demonstrates the strength of Brazilian fish farming, which grows uninterruptedly year after year, including in exports" , he stated. In terms of ...

Source: Portal Do Agronegocio