Brazil Shrimp Exports to US Tumble 54%

After rising steadily for the six consecutive years, Brazilian exports of shrimp to the United States took a nose dive this year. Between January and August they were down 54%, compared to the same period last year.

According to Itamar Rocha, president of the Shrimp Breeders Association, there were three reasons for the reduction: a lack of government financing, a decrease in investments in new technology and an anti-dumping suit brought by eight shrimp-producing states in the southern US.


As a result of the anti-dumping suit, Brazilian shrimp exporters now face a 23.6% surtax in the US and have little chance of exporting what they exported last year: 21,800 tons.


Rocha reports that Brazil will begin negotiations with the US on the issue immediately.


Meanwhile, Brazilian shrimp exporters are now aiming at the European and Asian markets with the hope of at least equaling last year’s results when shrimp export revenue totalled US$ 226 million with the sale of over 58,000 tons on international markets.


Rocha says that is a disappointment, pointing out that the original target for this year was to export 76,000 tons with revenue of US$ 300 million.


The Brazilian Response


Reacting in July against to the US measure, Brazil’s Ministry of Foreign Relations said that the Brazilian shrimp industry presents a high standard of quality and competitiveness due to favorable natural circumstances, modern production techniques, and lower relative capital costs.


The Special Secretariat of Aquiculture and Fishing released a note underscoring the government’s concern over the American decision in light of the importance of shrimp production to Brazil and the importance of the United States to the Brazilian trade balance.


The Secretariat informed that it would meet with representatives of the Brazilian Shrimp Breeders’ Association, in the city of Recife, to formulate strategies of access to alternative markets.


Brazilian shrimp production is basically concentrated in the Northeast, a region of Brazil in which the activity has an important social impact, in providing jobs and income to the population, and 37% of Brazilian exports were destined for the United States.


Last year Brazil exported 21.7 tons of shrimp to the US, for which it earned US$ 96 million, according to the Special Secretariat of Aquiculture and Fishing.


Since 2003, American producers have been accusing Brazil of selling canned and frozen shrimp for less than it costs to produce, which constitutes the practice of dumping.


Besides Brazil, import surcharges have also been imposed on Ecuador, India, and Thailand.


Three weeks ago the United States also decided to place tariffs on shrimp imports from China and Vietnam. The six countries whose sales are being taxed supply 75% of the shrimp consumed in the United States.


Agência Brasil
Translator: Allen Bennett

Tags:

  • Show Comments (1)

  • Guest

    INTERESTING ARTICLE! I AM INTERESTED IN OBTAINING MORE INFORMATION OF THE SHRIMP SECTOR IN BRAZIL, LIKE TOTAL AREA ESTIMATED IN PRODUCTION NATIONWIDE, PRODUCTION PER HA PER CYCLE, AVERAGE DENSITY STOCKING, USE OF AERATORS AND TYPE PER HA. ETC. PERHAPS YOU CAN REFER ME TO A WEB(S). THANK YOU.
    SINCERELY,
    JOSEDIMUHSA@GMAIL.COM

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

Brazil’s Kowalsky Exports Half of Its Yearly Catch of 8,000 Tons of Fish

The fishing company Kowalsky, from Itajaí­, in the southern Brazilian state of Santa Catarina, ...

Can’t Brazil Leave the NY Times Alone?

On giving in to the temptation of again confronting the powerful New York Times, ...

Brazil Tries Tailor-Made Tourism

Brazil’s Ministry of Tourism is conducting surveys in international markets to define the preferences ...

Brazil Says South America-Arab Summit Won’t Be Against Anyone

The summit for South American and Arab countries, which will take place in May, ...

Accused of Bandits Brazilian Judges Refuse to Be Judged by Other than Their Own Peers

A majority of the members of Brazil’s National Judiciary Council (CNJ) signed a document ...

Uruguay Joins US in a Test of Brazil and Mercosur’s Resolve

Through their use of roadblocks and varied inflammatory statements to the press, Argentine activists ...

Brazilian Industry Blames High Interest Rates for Paltry GDP

The president of Brazil’s Federation of Industries of the State of São Paulo (Fiesp), ...

After Bolivia Crisis Brazil Looks for Gas in Africa and Middle East

Brazilian state-controlled oil giant Petrobras, and White Martins, greatest company of industrial gas in ...

Brazil’s General Death, Just Another Casualty of Haiti’s Chaos

The first round of presidential and parliament elections in Haiti has been rescheduled for ...

Roasted coffee: that's where Brazil will find the money

World’s Largest Coffee Producer, Brazil Needs to Learn Art of Roasting

In 2006, Brazil consolidated its position as the world’s largest producer and exporter of ...