First quarter recorded significant growth in Brazilian exports of farmed fish

Published 2024년 4월 23일

Tridge summary

Brazilian fish farming exports experienced a significant increase in the first quarter of 2024, with a 48% rise in value and a 20% rise in weight compared to the same period in 2023, reaching a record high of US$ 8.73 million. The majority of the exports, 95%, were tilapia, mainly to the United States. Other states like Paraná, São Paulo, and Bahia were the leading exporters. The quarterly Fish Farming Foreign Trade Newsletter by Embrapa Pesca e Aquicultura and Peixe BR highlights the growth in the sector and the professionalization of the fish farming chain. There is anticipation for further growth in exports of other farmed fish, such as tambaqui, in the coming months of 2024.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Increases were both in value moved and in weight Considerable increases of 48% in value and 20% in weight are among the main results of Brazilian fish farming exports in the first three months of this year compared to the same period in 2023. There were US$ 8.73 million moved in the sector between January and March, the highest value recorded for the period since 2020, when Embrapa began to systematically monitor this market. Breaking down by month, there were US$2.58 million in January, US$2.61 million in February and US$3.54 million in March. Still representing a small percentage of all national production, Brazilian fish farming exports have increased consistently in recent years. According to Manoel Pedroza, researcher at Embrapa Pesca e Aquicultura (Palmas-TO) in the area of aquaculture economy, “the increase in production and professionalization of the fish farming chain are some of the factors that explain the growth in exports. Despite the national market absorbing the ...

Source: Embrapa