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:

Ads

You May Also Like

Brazil to Grow a Mere 2.3% in 2005, Says IPEA

Latin American markets gained ground, with Brazilian stocks posting the biggest gains on hopes ...

Last Samba?

The Brazilian Real was hit by speculators who were betting that Brazil would be ...

Brazil, I’m Tired of Your Rich’s Insensibility and Your Poor’s Passivity

“I’m also tired of people who only want to take advantage, of the traffickers’ ...

Projection for Brazil’s Growth Shrinks Now to a Paltry 0.33%

According to estimates from financial institutions polled weekly by the Brazilian Central Bank (BC), ...

Some Brazilians in Germany Have Only One Dream: To Go Back Home

The weekly German newsmagazine Der Spiegel has just published a long article about the ...

Brazilian soccer fan in Germany

Brazil Can Win World Cups But It’s Far From Winning Nobel Prizes

Out of every ten of the world’s best soccer players, at least five are ...

US Ambassador Asks Brazil to Look at F-18’s Quality Before a Final Decision

Brazilian president Luiz Inácio Lula da Silva once again stated that a final decision ...

Requiem for a Bubble

Globo Group and the Folha Group, two giants of the media, who had wrangled ...

Lula Urges Confidence for Brazil to Get New Markets

Beginning in June, typical Brazilian items, such as coffee and thongs, will be sold ...

Deep in Red, Brazilian and LatAm Markets Sing the Bluest Blues

This past week brought Brazil and Latin America an economic tsunami with the region's ...