Brazilian fish farming doubles the value of its exports in the first half

Published 2022년 7월 28일

Tridge summary

Brazilian fish farming exports experienced a doubling in financial values and a 14% increase in tons in the first half of 2022 compared to the same period in 2021. This growth is primarily due to the higher value exports of frozen fillets, which saw a 544% increase in financial volume and a 571% increase in the amount sold abroad. Tilapia continues to be the main species exported, accounting for 98% of sales and 99% of the amount of fish exported. The United States is the leading destination for these exports, responsible for 76% of the invoicing and 63% of the quantity. This growth in the fish farming exports is attributed to the strong research infrastructure and specialized human resources being developed through the BRS Aqua project, with financing from various sources including the Technological Fund of the National Bank for Economic and Social Development (Funtec / BNDES), the Aquaculture and Fisheries Secretariat of the Ministry of Agriculture, Livestock and Supply (SAP / Mapa), and Embrapa itself.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Comparing the first half of this year with the same period in 2021, Brazilian fish farming exports doubled in financial values and increased by 14% in tons. It was US$ 14.35 million between January and June 2022 compared to US$ 7.18 million last year. In tons, there were 4,931 in the first six months of this year and 4,327 in the same period of 2021. The big difference between the two increases was due to the growth in exports of products that have higher added value, especially frozen fillets – which had a 544% increase in financial volume and a 571% increase in the amount sold abroad. Among all categories, it was the one with the highest growth in both indicators. Considering the first six months of this year, May was the one with the highest volumes of both revenue (with US$ 4 million) and exported tons (1,331). These are some of the data released in the 10th edition of the Information on Foreign Trade in Fish Farming, a quarterly publication edited jointly by Embrapa Pesca e ...

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