São Paulo – Brazil doubled its fishing exports revenue in the first half of 2022 compared to the same period in 2021. It reached USD 14.35 million from January to June 2022, against USD 7.18 million last year. Libya was the 3rd leading destination for shipments, reaching USD 476,000. Pictured above, a consumer buying fish in Tripoli, the capital of Libya.
Data were published in the Balance on Foreign Trade in Fish Farming by the Fishing and Aquaculture department of the Brazilian Agricultural Research Corporation (Embrapa) (Palmas, state of Tocantins) and the Brazilian Fish Farming Association (PeixeBR).
Total volume expanded 14%, totaling 4,931 tonnes in the first six months of this year. According to the balance, the most significant increase in revenue was due to the growth in the sale of products with higher added value, especially frozen fillets.
This item had a 544% increase in revenue and a 571% in volume. On average, the frozen fillet was the tilapia product that reached the highest sales in the first half of this year, tallying USD 5.46 per kilo.
Frozen fillet is also the main product purchased by Libya. The country currently accounts for 3% of Brazilian fish export revenue. In first place came the United States, which has a 76% share of Brazilian fish shipments, with Canada in second with 8%.
Tilapia remains the main species exported by national fish farming, accounting for 98% of revenue and 99% of the volume shipped worldwide in the first half of this year. The species also boosted 133% in revenue and 32% in volume compared to the same period in 2021.
Translated by Elúsio Brasileiro