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:

  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

With Europe Sputtering Brazil Seems Heading for a Technical Recession

Brazil’s GDP stalled in the third quarter with zero growth when compared to the ...

Brazil Offers Working Children US$ 8 to US$ 16 a Month to Lure Them to School

Over half the children and adolescents who entered the federal government’s Program for the ...

Brazil Offers Appealing Loans to Build 3,000 Kms of Power Lines

The president of Brazil’s National Economic and Social Development Bank (BNDES), Guido Mantega, announced, ...

Brazil’s Lula Pans Those Who Are Betting on His Failure

Brazil’s government will not alter the country’s direction on account of the 2006 elections. ...

Brazil’s Vivo Teams Up With ReCellular to Save Cell Phones from Trash

US-based ReCellular, an international collector, reseller and recycler of used wireless cell phones and ...

Korea Builds Kyoto Comforming Steel Plant in Brazil’s Northeast

The company Ceara Steel, the first steel producing factory in the Northeast of Brazil, ...

Brazil Consolidates Leadership in Argentina Oil Investing US$ 2 Bi

Brazilian state-run oil company Petrobras's Argentine unit Petrobras EnergÀ­a SA "plans to invest more ...

Brazil’s Surplus Is Already US$ 7 Billion for the Year

Brazilian exports have yielded US$ 21.015 billion between the beginning of the year and ...

Brazil Puts the Brake on Growth to Avoid Inflation

The Selic, Brazil's reference key interest rate. will only begin to fall when inflation ...

3000 Meet to Keep Brazil’s Fast Pace in 2005

The three thousand businessmen to meet as from today, November 22, at the 24th ...