Required Report - Public distribution

**Date:** 2/13/2008

**GAIN Report Number:** BR8601

BR8601

**Brazil**

**Fishery Products**

**Annual Fisheries Report**

**2008**

**Approved by:**

![](media/image1.wmf)Alan D. Hrapsky, Agricultural Counselor

U.S. Embassy

**Prepared by:**

Joao F. Silva, Agricultural Specialist

**Report Highlights:**

Production of fishery products (both wild catch and aquaculture) is
estimated at slightly over one million metric tons in 2007, up 1.4
percent from 2006. The small increase in production reflects lower
production from inland sources (rivers) and some species of wild catch
and lack of modernized fishing vessels. It is also the result of the
valuation of the Brazilian currency which continues to impact negatively
on exports of fish products and increased the trade deficit for the
category (chapter 03 of the HTS) to a record of US\$ 259 million in
2007. The United States benefited from this situation and increased
exports of fish products to Brazil by over 800 percent in 2007 to a
record of US\$ 8 million.

Includes PSD Changes: Yes

Includes Trade Matrix: Yes

Annual Report

Brasilia \[BR1\]

\[BR\]

Table of Contents

[**Executive Summary 3**](#executive-summary)

[Situation and Outlook 3](#situation-and-outlook)

[Overview 3](#overview)

[Production 3](#production)

[Shrimp 3](#shrimp)

[Lobster 4](#lobster)

[Tuna 4](#tuna)

[Policy 4](#policy)

[Consumption 4](#consumption)

[Trade 5](#trade)

[Marketing 6](#marketing)

[Tables 7](#tables)

[PSD: Shrimp 7](#psd-shrimp)

[Export Trade Matrix: Shrimp 8](#export-trade-matrix-shrimp)

[PSD: Lobster 9](#psd-lobster)

[Export Trade Matrix: Shrimp 10](#export-trade-matrix-shrimp-1)

[PSD: Tuna 11](#psd-tuna)

[Export Trade Matrix: Shrimp 12](#export-trade-matrix-shrimp-2)

# Executive Summary

An economic growth of over five percent in 2007, lower unemployment,
stable inflation, and declining interest rates have created the
conditions for increased domestic demand for animal protein, including
fish products. On the other side, the valuation of the Brazilian
currency continued to impact negatively on exports of fish products and
increased the trade deficit for the category (chapter 03 of the HTS) to
a record of US\$ 259 million.

Production of fishery products (both wild catch and aquaculture) is
estimated at slightly over one million metric tons in 2007. The small
increase in production reflects lower production from inland sources
(rivers) and some species of wild catch. It reflects also the lack of
modernization of fishing vessels combined with a drop in exports of
important fish products because of the valuation of the Brazilian
currency. Fishery consumption in Brazil remains the lowest of the main
animal proteins, such as beef, poultry and pork.

*Brazil remains without a reliable inventory of its fisheries resources,
which makes it difficult to estimate exact production. Official data for
annual production is released by SEAP and IBAMA and the most recent data
available is for 2005. Information provided on the PS&D tables is Post's
best estimates, and data is derived from interviews with industry
leaders and unofficial data furnished by trade sources.*

# Situation and Outlook

# Overview

Brazil's fishery and aquaculture production is estimated at 1,040,000
metric tons in 2007, up 1.4 percent from the previous year, of which
wild catch is estimated at 770,000 metric tons (74 percent) and
aquaculture at 270,000 metric tons (24 percent).

  ----------------- ----------------- ----------------- -----------------
  BRAZIL : Fishery                                      
  and Aquaculture                                       
  Production (1,000                                     
  metric tons)                                          

  Category          2005              2006              2007

  Wild Catch        751               761               770
  (total)                                               

  \- Seawater       508               516               523

  \- Inland water   243               245               247

  Aquaculture       258               265               270
  (total)                                               

  \- Seawater       78                80                80

  \- Inland water   180               185               190

  TOTAL             1,009             1,026             1,040
  ----------------- ----------------- ----------------- -----------------

Source: Brazilian Government and OAA estimates.

## 

# Production

## 

## Shrimp

Nearly 90 percent of total shrimp production is concentrated in the
Northeast region of the country, with Rio Grande do Norte and Ceará as
the top shrimp producers in the country.

In 2005 (latest official data available), shrimp production reached
65,000 metric tons, down 13 percent from 2004. Total production area
decreased 10 percent totaling 15,000 hectares, and annual yields reached
4,333 kg/ha. Estimates indicate no change in production numbers for
2006, but a small increase in 2007 boosted by higher demand from the
domestic market.

The farm-raised shrimp industry is composed of approximately 1,000
producers, predominantly small and medium-scale operations and nearly 50
processing centers. Currently, Brazil has the capacity to process 925
tons of shrimp per day, with storage capacity of 15,925 metric tons.

According to industry contacts, rigid legislation and loss of
international market share (see Export section) has restrained the
growth of the shrimp industry. Specialists state that there are
approximately 700,000 hectares available for use in Brazil, but the
government has not allowed the industry to expand.

## Lobster

Lobster fishing in Brazil has an elevated importance in the fisheries
sector. For many years, lobster was the main fishery export product of
Brazil (in terms of value), recently losing its position to shrimp, but
regaining the position last year. Production in 2005 (latest official
data available) reached an estimated 8,689 metric tons. Estimates
indicate that current lobster production has not increased over the past
2 years. Production in 2007 is expected to be approximately 8,500 metric
tons.

Official production estimates do not include illegal catches. Although
government inspection has been enforced throughout the country, IBAMA
(Brazilian Environmental Protection Agency) has fewer than 30 inspectors
to protect lobster-fishing areas. The minimum size for lobster catch was
defined at 13 cm by IBAMA. Despite having the capture of lobster
prohibited for approximately 1/3 of the year (from January through
April, during the reproductive season), illegal catches are continuously
rising, reaching 750 kg in 2006.

## Tuna

The 2005 harvest (latest data available) of tuna species in Brazil was
approximately 35,600 metric tons, showing a slight decrease from the
previous year. Post estimates a small increase in tuna landings in 2007
to 37,000 metric tons, since investment in new vessels and technology
remains weak.

The majority of tuna catches are in the states of Santa Catarina, Rio de
Janeiro and Rio Grande do Sul, which represent nearly 70% of the total
tuna landings in Brazil.

# Policy

For reference on Brazilian legislation regulating the fishery sector,
please note the following laws and decrees:

. Decree No.221, of 02/28/67, establishing the fishing code;

. Law No.6.938, of 08/31/81, regulating the National Environmental
Policy;

. Decree No.96.000, of 05/02/88, establishing the norms for research and
scientific investigation on the Continental Shelf and in
Brazilian-jurisdiction waters;

. Law No.7.661, of 05/16/88, regulating the Coastal Management National
Plan;

. Law No.8.617, of 01/04/93, regulating the Territorial Sea and EEZ; and

. Law No.9433, of 01/08/97, regulating National Policy for Water
Resources.

# Consumption

There is no official data for the consumption of seafood in Brazil.
According to industry contacts, Brazil's per capita consumption is
around 8.2 kg/person, almost half of what is suggested by FAO, and below
the other main animal proteins such as beef, poultry, and pork. Internal
demand of fishery products is restrained by high prices paid by local
consumers. Fishery products are still expensive, and low income classes
prefer other protein sources, such as beef and poultry.

# Trade

Brazil remained for the second consecutive year as a net importer of
fisheries products. The trade deficit in the fishery category (chapter
03 of HTS) reached US\$ 259 million in 2007, up from US\$ 76 million in
2006. Exports of fishery products totaled US\$ 284 million in 2007, down
nearly 20 percent from the previous year, while imports increased to a
record of US\$ 543 million, up 27 percent from 2006. The main reason for
the increase in the trade deficit of the fishery sector is attributed to
the negative impact of the valuation of the Brazilian currency, which
favored imports of codfish and salmon, and to a major decline in shrimp
exports due to restrictions from the European Union and the United
States.

Codfish is the main specie imported by Brazil, followed by salmon,
merluza, and sardines. In 2007, imports of codfish totaled 35,393 metric
tons (up 11 percent from 2006), valued at US\$ 226 million (up 22
percent from 2006). Norway is the main supplier of codfish to Brazil (78
percent), followed by Portugal (21 percent). Salmon imports in 2007
totaled 19,199 metric tons (up 28 percent from 2006) and valued at US\$
88 million (up 24 percent from 2006). Chile is basically the sole
supplier of salmon to Brazil (60 percent) benefiting from Mercosul's
reduced import tariff. Other major species imported are merluza (mostly
from Argentina) and sardines (mostly from Uruguay, Morocco and the
United States).

Increasing imports of salmon and codfish (both not produced
domestically) can be largely related to the valuation of the Brazilian
currency and increasing incomes, making prices more accessible to the
middle-class population.

Lobster accounts now for the most important category of fish exports.
Although the volume of lobster exports decreased by 2.4 percent in 2007,
the value of exports increased by 10 percent and reached US\$ 92
million. High prices in the foreign markets have supported the already
fragile Brazilian lobster industry. In value terms, the United States
remains as the main importer of Brazilian lobster (80 percent), followed
by the European Union (17 percent).

In 2007, shrimp exports dropped again by 50 percent in volume to 17,197
metric tons, and by nearly 52 percent in value to US\$ 74 million. The
European Union replaced the United States as the main destination of
Brazilian shrimp exports. The last 3 years were particularly tough for
shrimp exporters. The industry is highly dependent on exports and the
strong Brazilian currency, combined with restrictions from the United
States and the European Union, negatively affected exports of shrimp
from Brazil.

Total tuna exports in 2007 reached US\$ 11.2 million. Exports can be
broken down into frozen tuna filets and fresh whole tunas. Frozen tuna
filet exports totaled 2,200 tons (US\$ 7 million), while fresh tuna
sales reached 3,200 tons (US\$ 4.2 million) in 2006. Again, an
unfavorable exchange rate has restrained Brazilian sales abroad,
decreasing total revenue by 20 percent from 2005.

Brazilian fishery exports to the United States declined by 11.5 percent
in 2007 to US\$ 114 million, while exports of U.S. fishery products to
Brazil increased by over 800 percent to a record of nearly US\$ 6
million. Lobster remains the main product sold to the United States,
representing 80 percent of total fishery product exports to that
country, while sardines accounted for most of the imports from the
United States (85 percent).

# Marketing

Analysis of potential seafood consumption in Brazil indicates that the
demand for fishery products is unsatisfied. Lack of diverse and
high-quality products contribute to the low consumption of fish per
capita in Brazil. The majority of high-quality products are sold
overseas. High domestic prices still are a major factor restraining
fisheries consumption, but recent improvements in the overall income of
Brazilian families offer a great opportunity for the fishery industry.

# Tables

## PSD: Shrimp

+----------+-----+----------+-----+----------+-----+----------+------+
| **PSD    |     |          |     |          |     |          |      |
| Table**  |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **C      |     |          |     |          |     |          |      |
| ountry** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **       |     |          |     |          |     |          |      |
| Brazil** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **Com    |     |          |     |          |     |          |      |
| modity** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **       |     |          |     |          |     |          |      |
| Shrimp** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| (MT)     |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
|          | 2   | Revised  | 2   | Estimate | 2   | Forecast | UOM  |
|          | 005 |          | 006 |          | 007 |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
|          | U   | Post     | U   | Post     | U   | Post     |      |
|          | SDA | Estimat  | SDA | Estimat  | SDA | Estimat  |      |
|          | Of  | e\[New\] | Of  | e\[New\] | Of  | e\[New\] |      |
|          | fic |          | fic |          | fic |          |      |
|          | ial |          | ial |          | ial |          |      |
|          | \   |          | \   |          | \   |          |      |
|          | [Ol |          | [Ol |          | [Ol |          |      |
|          | d\] |          | d\] |          | d\] |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| **Market |     | 01/2005  |     | 01/2006  |     | 01/2007  | MM/  |
| Year     |     |          |     |          |     |          | YYYY |
| Begin**  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| B        | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| eginning |     |          |     |          |     |          |      |
| Stocks   |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Total    | 0   | 128134   | 0   | 121700   | 0   | 107612   | (MT) |
| Pr       |     |          |     |          |     |          |      |
| oduction |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Intra-EC | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Imports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Other    | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Imports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Imports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 128134   | 0   | 121700   | 0   | 107612   | (MT) |
| SUPPLY   |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Intra-EC | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Exports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Other    | 0   | 42465    | 0   | 33919    | 0   | 17198    | (MT) |
| Exports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 42465    | 0   | 33919    | 0   | 17198    | (MT) |
| Exports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Domestic | 0   | 85669    | 0   | 87781    | 0   | 90414    | (MT) |
| Con      |     |          |     |          |     |          |      |
| sumption |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Other    | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Use/Loss |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 85669    | 0   | 87781    | 0   | 90414    | (MT) |
| Uti      |     |          |     |          |     |          |      |
| lization |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Ending   | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Stocks   |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 128134   | 0   | 121700   | 0   | 107612   | (MT) |
| DIST     |     |          |     |          |     |          |      |
| RIBUTION |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+

## Export Trade Matrix: Shrimp

+----------------------------+------------+---------------+----------+
| **Export Trade Matrix**    |            |               |          |
|                            |            |               |          |
| **Country**                |            |               |          |
|                            |            |               |          |
| Brazil                     |            |               |          |
|                            |            |               |          |
| **Commodity**              |            |               |          |
|                            |            |               |          |
| Shrimp                     |            |               |          |
+----------------------------+------------+---------------+----------+
| Time Period                | Jan-Dec    | Units:        | MT       |
+----------------------------+------------+---------------+----------+
| Exports for:               | 2006       |               | **2007** |
+----------------------------+------------+---------------+----------+
| U.S.                       | 674        | U.S.          | 36       |
+----------------------------+------------+---------------+----------+
| Others                     |            | Others        |          |
+----------------------------+------------+---------------+----------+
| Argentina                  | 297        |               | 105      |
+----------------------------+------------+---------------+----------+
| European Union             | 31400      |               | 15383    |
+----------------------------+------------+---------------+----------+
| Japan                      | 1446       |               | 684      |
+----------------------------+------------+---------------+----------+
|                            |            |               |          |
+----------------------------+------------+---------------+----------+
|                            |            |               |          |
+----------------------------+------------+---------------+----------+
|                            |            |               |          |
+----------------------------+------------+---------------+----------+
|                            |            |               |          |
+----------------------------+------------+---------------+----------+
|                            |            |               |          |
+----------------------------+------------+---------------+----------+
|                            |            |               |          |
+----------------------------+------------+---------------+----------+
|                            |            |               |          |
+----------------------------+------------+---------------+----------+
| Total for Others           | 33143      |               | 16172    |
+----------------------------+------------+---------------+----------+
| Others not Listed          | 102        |               | 990      |
+----------------------------+------------+---------------+----------+
| Grand Total                | 33919      |               | 17198    |
+----------------------------+------------+---------------+----------+

## PSD: Lobster

+-----------+------+-------+------+-------+-------+-------+--------+
| **PSD     |      |       |      |       |       |       |        |
| Table**   |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| **        |      |       |      |       |       |       |        |
| Country** |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| *         |      |       |      |       |       |       |        |
| *Brazil** |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| **Co      |      |       |      |       |       |       |        |
| mmodity** |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| **        |      |       |      |       |       |       |        |
| Lobster** |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| 2005      |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| 2006      |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| Forecast  |      |       |      |       |       |       |        |
|           |      |       |      |       |       |       |        |
| UOM       |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
|           | U    | Post\ | U    | Post\ | USDA  | Post\ |        |
|           | SDA\ | Esti  | SDA\ | Esti  | Off   | Esti  |        |
|           | Offi | mate\ | Offi | mate\ | icial | mate\ |        |
|           | cial | New   | cial | New   |       | New   |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| **Market  | ja   | 01    | ja   | 01    | 01    | 01    | M      |
| Year      | n/05 | /2005 | n/06 | /2006 | /2007 | /2007 | M/YYYY |
| Begin**   |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Beginning | 0    | 0     | 0    | 0     |       | 0     | (MT)   |
| Stocks    |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Total     | 0    | 36000 | 0    | 35500 |       | 36000 | (MT)   |
| P         |      |       |      |       |       |       |        |
| roduction |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Intra-EU  | 0    | 0     | 0    | 0     |       | 0     | (MT)   |
| Imports   |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Other     | 0    | 0     | 0    | 0     |       | 0     | (MT)   |
| Imports   |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Total     | 0    | 0     | 0    | 0     |       | 0     | (MT)   |
| Imports   |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Total     | 0    | 36000 | 0    | 35500 |       | 36000 | (MT)   |
| Supply    |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Intra EU  | 0    | 0     | 0    | 0     |       | 0     | (MT)   |
| Exports   |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Other     | 0    | 2204  | 0    | 2131  |       | 2080  | (MT)   |
| Exports   |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Total     | 0    | 2204  | 0    | 2131  |       | 2080  | (MT)   |
| Exports   |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Domestic  | 0    | 33796 | 0    | 33369 |       | 33920 | (MT)   |
| Co        |      |       |      |       |       |       |        |
| nsumption |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Other     | 0    | 0     | 0    | 0     |       | 0     | (MT)   |
| Use,      |      |       |      |       |       |       |        |
| Losses    |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Total     | 0    | 33796 | 0    | 33369 |       | 33920 | (MT)   |
| Ut        |      |       |      |       |       |       |        |
| ilization |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Ending    | 0    | 0     | 0    | 0     |       | 0     | (MT)   |
| Stocks    |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+
| Total     | 0    | 36000 | 0    | 35500 |       | 36000 | (MT)   |
| Dis       |      |       |      |       |       |       |        |
| tribution |      |       |      |       |       |       |        |
+-----------+------+-------+------+-------+-------+-------+--------+

## Export Trade Matrix: Shrimp

+----------------------+--------------+-----------------+-------------+
| **Export Trade       |              |                 |             |
| Matrix**             |              |                 |             |
|                      |              |                 |             |
| **Country**          |              |                 |             |
|                      |              |                 |             |
| Brazil               |              |                 |             |
|                      |              |                 |             |
| **Commodity**        |              |                 |             |
|                      |              |                 |             |
| Lobster              |              |                 |             |
+----------------------+--------------+-----------------+-------------+
| Time Period          | Jan-Dec      | Units:          | Metric Tons |
+----------------------+--------------+-----------------+-------------+
| Exports for:         | 2006         |                 | **2007**    |
+----------------------+--------------+-----------------+-------------+
| U.S.                 | 1949         | U.S.            | 1664        |
+----------------------+--------------+-----------------+-------------+
| Others               |              | Others          |             |
+----------------------+--------------+-----------------+-------------+
| Japan                | 75           |                 | 57          |
+----------------------+--------------+-----------------+-------------+
| European Union       | 103          |                 | 359         |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
|                      |              |                 |             |
+----------------------+--------------+-----------------+-------------+
| Total for Others     | 178          |                 | 416         |
+----------------------+--------------+-----------------+-------------+
| Others not Listed    | 4            |                 | 0           |
+----------------------+--------------+-----------------+-------------+
| Grand Total          | 2131         |                 | 2080        |
+----------------------+--------------+-----------------+-------------+

## PSD: Tuna

+----------+-----+----------+-----+----------+-----+----------+------+
| **PSD    |     |          |     |          |     |          |      |
| Table**  |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **C      |     |          |     |          |     |          |      |
| ountry** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **       |     |          |     |          |     |          |      |
| Brazil** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **Com    |     |          |     |          |     |          |      |
| modity** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| **Tuna** |     |          |     |          |     |          |      |
|          |     |          |     |          |     |          |      |
| (MT)     |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
|          | 2   | Revised  | 2   | Estimate | 2   | Forecast | UOM  |
|          | 005 |          | 006 |          | 007 |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
|          | U   | Post     | U   | Post     | U   | Post     |      |
|          | SDA | Estimat  | SDA | Estimat  | SDA | Estimat  |      |
|          | Of  | e\[New\] | Of  | e\[New\] | Of  | e\[New\] |      |
|          | fic |          | fic |          | fic |          |      |
|          | ial |          | ial |          | ial |          |      |
|          | \   |          | \   |          | \   |          |      |
|          | [Ol |          | [Ol |          | [Ol |          |      |
|          | d\] |          | d\] |          | d\] |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| **Market |     | 01/2005  |     | 01/2006  |     | 01/2007  | MM/  |
| Year     |     |          |     |          |     |          | YYYY |
| Begin**  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| B        | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| eginning |     |          |     |          |     |          |      |
| Stocks   |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Total    | 0   | 36220    | 0   | 35330    | 0   | 36608    | (MT) |
| Pr       |     |          |     |          |     |          |      |
| oduction |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Intra-EC | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Imports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Other    | 0   | 386      | 0   | 386      | 0   | 745      | (MT) |
| Imports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 386      | 0   | 386      | 0   | 745      | (MT) |
| Imports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 36606    | 0   | 35716    | 0   | 37353    | (MT) |
| SUPPLY   |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Intra-EC | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Exports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Other    | 0   | 9818     | 0   | 8250     | 0   | 9200     | (MT) |
| Exports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 9818     | 0   | 8250     | 0   | 9200     | (MT) |
| Exports  |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Domestic | 0   | 26788    | 0   | 27466    | 0   | 28153    | (MT) |
| Con      |     |          |     |          |     |          |      |
| sumption |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Other    | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Use/Loss |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 26788    | 0   | 27466    | 0   | 28153    | (MT) |
| Uti      |     |          |     |          |     |          |      |
| lization |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| Ending   | 0   | 0        | 0   | 0        | 0   | 0        | (MT) |
| Stocks   |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+
| TOTAL    | 0   | 36606    | 0   | 35716    | 0   | 37353    | (MT) |
| DIST     |     |          |     |          |     |          |      |
| RIBUTION |     |          |     |          |     |          |      |
+----------+-----+----------+-----+----------+-----+----------+------+

## Export Trade Matrix: Shrimp

+------------------------+------------+------------------+------------+
| **Export Trade         |            |                  |            |
| Matrix**               |            |                  |            |
|                        |            |                  |            |
| **Country**            |            |                  |            |
|                        |            |                  |            |
| Brazil                 |            |                  |            |
|                        |            |                  |            |
| **Commodity**          |            |                  |            |
|                        |            |                  |            |
| Tuna                   |            |                  |            |
+------------------------+------------+------------------+------------+
| Time Period            | Jan-Dec    | Units:           | MT         |
+------------------------+------------+------------------+------------+
| Exports for:           | 2006       |                  | **2007**   |
+------------------------+------------+------------------+------------+
| U.S.                   | 1413       | U.S.             | 850        |
+------------------------+------------+------------------+------------+
| Others                 |            | Others           |            |
+------------------------+------------+------------------+------------+
| Argentina              | 4365       |                  | 5138       |
+------------------------+------------+------------------+------------+
| European Union         | 2358       |                  | 3118       |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
|                        |            |                  |            |
+------------------------+------------+------------------+------------+
| Total for Others       | 6723       |                  | 8256       |
+------------------------+------------+------------------+------------+
| Others not Listed      | 114        |                  | 94         |
+------------------------+------------+------------------+------------+
| Grand Total            | 8250       |                  | 9200       |
+------------------------+------------+------------------+------------+