Despite US Boycott Fish Export from Brazil Grows

Despite a decline in its rate of growth, due mainly to trade restrictions imposed by the United States on Brazilian shrimp producers, Brazil’s fish and seafood exports increased 2.07% in 2004 in comparison with 2003.

Disregarding the figures for shrimp exports, Brazilian fish and seafood exports rose 19.77% over the period.


Various Brazilian business missions were organized by the Special Presidential Secretariat of Aquiculture and Fishing to promote Brazilian fish abroad.


As a result, the impact of the American actions against Brazilian shrimp was mitigated, and new markets were opened, principally in Europe.


Among the outstanding export items are tilapia, lobster, shellfish, and fish filets in general.


Revenues from shrimp exports fell 10% in relation to last year, from US$ 244.8 million to US$ 219.3 million.


The alternative discovered by Brazilian entrepreneurs was to sell their products to Europe and Asia. Exports to these regions rose approximately 20%.


For 2005, the government expects shrimp sales to grow at least 20%. One of the factors that will contribute to this increase is the lack of shrimp in the Asian countries struck by the tsunami at the end of last year.


Translation: David Silberstein
ABr

Tags:

You May Also Like

Over 200 Domestic and Foreign Companies Expected at Brazil’s Santos Offshore Fair

Discoveries by Brazilian state-controlled oil multinational Petrobras of new fields in the pre-salt layer ...

Biological Diversity Convention Makes Brazil an Ecological World Leader

Monday, March 20, in a press conference, the executive secretary of the Convention on ...

Brazil’s Lula Recognizes Economy Has Been Weak

Brazilian President Luiz Inácio Lula da Silva said Monday, January 30, that 2006 will ...

UFBA: Brazil’s Less than Gringo-Friendly University

Thinking of doing a semester as a student at Federal University of Bahia (UFBA) ...

UN’s Food Program Honors Lula and Brazil With Medal

"Now I finally have a diploma." It was with this jocose remark that Brazilian ...

A New UN Poverty Index Shows Brazil with an Improvement of 20% in Six Years

Brazil’s Multidimensional Poverty Index (“MPI”) has dropped by 22.5% in six years. According to ...

RAPIDINHAS

Brazil’s international trade policies and strategies must improve dramatically, especially where high-tech, big ticket ...

Brazil’s Industries Federation Insists: Interests Must Go Down.

The Federation of Industries of the State of São Paulo, Brazil, (Fiesp) rejoiced in the ...

September 1993

CONTENTS: Cover: Racial democracy just a white Lie (p. 7) Short story: Lopes Neto’s, ...

After a Couple of Bad Years Brazil’s Footwear Industry Is Bullish

Brazil and Argentina are expected to gather early February in Buenos Aires to assess ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`