SeaFood Business

MAY 2013

SeaFood Business is the global trusted authority for seafood buyers and sellers. We are the seafood industry's leading trade magazine with more than 30 years of experience. Our coverage is based on the "business" of buying and selling seafood.

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Trade Tracker Top 10 tilapia exporters to U.S. market Frozen tilapia reaches $776 million Year-ending Feb. 2013 Country China the top exporter to the U.S. market USD $667,065,901 China Indonesia T he United States imports an average of $75 million worth of tilapia every month, weighing in at nearly 15 million kilograms Kg.). Imports peaked in January at $95 million and then recently dropped to about $75 million in February. Roughly 80 percent of the imports are frozen fllets and Zepol Corporation is a Minnesota-based company working to provide the most complete and up-to-date U.S. trade data through our subscription tools. TradeIQ™ is a U.S. Customs import Bill of Lading database utilized to fnd information about competitors, suppliers, prospects, and the products that they use, market, or transport. TradeView™ provides U.S. Census data to visualize the U.S. import and export market. ComplianceMonitor™ is a comprehensive tool that proactively alerts users of essential U.S. import trade compliance information. For more information visit www.zepol.com. Honduras $68,404,915 Ecuador $55,807,108 Costa Rica $40,786,588 Colombia $25,916,589 Taiwan $22,496,936 Thailand $14,801,567 Malaysia $4,005,527 Panama the remaining 20 percent are mostly in the fresh or chilled form. Only a small percentage of tilapia imports arrive as whole fsh. Te top country of origin for tilapia imports is China. Other top countries supplying the United States with tilapia are located in Southeast Asia and Central/South America, mainly Indonesia and Honduras. Recent fgures show that the cost of importing tilapia is actually cheaper than last year. Te price in February of this year was $4 per kg., whereas in February 2012 this fgure was up to $4.17. Tat's big savings when you're importing 15 million kg. each month. As the price has gone down, the amount of imports has gone up. $81,054,963 $2,951,750 Top U.S. imports by product Year-ending Feb. 2013 Tilapia, fllets, frozen $766,499,852 Tilapia, (Oreochromis) fllets, fresh or chilled $180,459,592 $33,653,918 Tilapia, (Oreochromis spp.) frozen, except fllets, livers and roes Tilapia (Oreochromis) meat, other than fllets, fresh or chilled $7,097,595 Tilapias, fresh or chilled, except fllets, livers and roes, nesoi $1,253,959 $440,549 Tilapias, fresh or chilled, scaled, in immediate containers weighing with their contents 6.8 kg. or less, except fllets, livers and roes * nesoi: Not elsewhere specifed or indicated Total U.S. tilapia imports in kilograms 25,000,000 20,000,000 15,000,000 10,000,000 Feb 2012 20 SeaFood Business Mar May 2013 Apr May Jun Jul Aug Sep Oct Nov Dec Jan 2013 Feb Visit us online at www.seafoodbusiness.com

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