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Trade Tracker: Tilapia trends upward
U.S. imports of popular whitefish increase seven percent
May 01, 2014
U.S. tilapia demand has been on a steady uptick for the past decade and in 2013 it grew even higher. Tilapia imports increased by nearly 7 percent from 2012 to 2013, and import values went from $970 million in 2012 to more than $1.03 billion last year.
The most popular U.S. ports of entry for the fish are Los Angeles, Miami and New York. There’s a heavy reliance on Chinese product, commanding 67 percent of the tilapia import market, an increase of 6 percent in 2013. Roughly 30 percent of imports come from Indonesia, Honduras, Costa Rica and Taiwan, Ecuador and Columbia.
Mexico became a top tilapia supplier to the United States last year. Mexico sent only about $18,000 worth of tilapia in 2012, but in 2013 that number jumped to $12.4 million.Zepol Corp. of Minneapolis provides up-to-date U.S. trade data through several subscription tools: TradeIQ™ is a U.S. Customs import bill of lading database utilized to find 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.