Brazilian exports of farmed fish reach US$8.7 million and grow 48% in the first quarter of 2024

Published 2024년 5월 7일

Tridge summary

Brazilian fish farming has experienced a significant first quarter in 2024, with a 20% increase in tonnage and a 48% rise in revenue compared to the same period in 2023. The sector has seen a decade of growth, increasing production from 638 thousand tons in 2013 to 887 thousand tons in 2023. Tilapia is the primary exported species, making up 95% of the total, followed by tambaqui and cobia. The United States is the primary market, accounting for 89% of total exports, and Paraná state leads in tilapia exports, contributing 81% of the total.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazilian fish farming started the year with a good volume of international shipments of farmed fish. Both in value and volume, the numbers are noteworthy compared to the first quarter of 2023. From January to March this year, the trade balance showed significant growth of 20% in tons shipped (2,085 t) and 48% higher revenue – reaching US $8.7 million. “We came from a year with good growth in exports and started 2024 with an even better result, increasing revenue by almost 50% in the first three months of 2023. This scenario highlights a growing sector. In ten years, we jumped from 638 thousand tons/year produced from farmed fish to reach 887 thousand tons in 2023. Exports still represent little, but the potential is huge”, highlights Francisco Medeiros, executive president of the Brazilian Fish Farming Association (Peixe BR). The Fish Farming Foreign Trade Information, prepared by Embrapa Pesca e Aquicultura in partnership with Peixe BR, highlights that the 2 thousand tons ...

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