Brazilian exports of farmed tilapia have risen 30 percent in recent months as the country’s real currency has taken a battering against the US dollar.
With the value of the Brazilian currency slipping 14.5 percent from July to November, shipments of frozen whole tilapia and fresh and frozen fillets have benefited from the weakness of the real, Francisco Medeiros, CEO of aquaculture trade body Peixe BR told IntraFish.
“The expected trend is that it will rise over the next year,” he said.
