October 21, 2004

Brazil to Penetrate China's Fish Production Market

Brazil may export fish to China and thus extend the market beyond what is consumed locally, according to Minister Jose Fritsch, from the Brazilian Secretariat of Aquiculture and Fishing.

The Chinese are the world's largest producers of fish, accounting for 34 million tons annually. But in order to satisfy the domestic market, made up of 1.3 billion consumers, the Chinese are seeking to expand production.

"In China, there is no more water available to expand fish production. Chinese technicians can transmit their technology for Brazil to produce in its reservoirs and export to that country," Fritsch revealed.

The Minister's expectation is for Brazil to export tilapia, pirarucu, and shrimp.

Negotiations between the two countries are already at an advanced stage.