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📦 Tilapias (Oreochromis spp.)

Tilapias (<i>Oreochromis spp</i>.)

HS Code:

📦

Overview

Tilapias (Oreochromis spp.) are a group of freshwater fish widely cultivated and traded globally due to their adaptability, fast growth, and mild flavor. They are a key species in aquaculture, particularly in developing countries, where they serve as an affordable source of protein. Under the Harmonized System (HS) Code 0302.71 for fresh or chilled Tilapia and 0303.23 for frozen Tilapia, this category includes various forms such as whole fish, fillets, and processed products. Global trade in Tilapia is driven by demand in North America, Europe, and parts of Asia, with major production centered in tropical and subtropical regions.

Total Trade Volume

Approximately 1.2 million metric tons

Data from 2022

Source

FAO Fisheries and Aquaculture Statistics, UN Comtrade

Tariff Analysis

Average Rate

6.5% ad valorem

Highest Rate

12% (applied by some EU countries on processed Tilapia products)

Lowest Rate

0% (under free trade agreements like ASEAN or USMCA for qualifying countries)

Common Restrictions

  • Sanitary and phytosanitary (SPS) measures for fish imports
  • Quotas on aquaculture products in certain markets
  • Labeling requirements for origin and sustainability certification
  • Anti-dumping duties in some regions (e.g., U.S. on certain Asian exporters)

Market Trends

Rising demand for sustainable aquaculture products

Increased certification requirements (e.g., ASC certification) for Tilapia exporters, pushing smaller producers to adopt better practices or risk market exclusion

2021-2023

Growth in processed Tilapia products

Higher value-added products like frozen fillets and breaded Tilapia are gaining market share over whole fish, benefiting exporters with processing capabilities

2020-2022

Climate change impacting production

Erratic weather patterns in key producing regions are affecting yields, leading to price volatility and supply chain disruptions

2019-2023

Recent Developments

U.S. Imposes Stricter Import Regulations

The U.S. introduced tighter regulations on Tilapia imports, focusing on traceability and antibiotic residue checks to ensure food safety.

March 2023

Exporters from non-compliant regions face delays and potential market loss, while compliant producers may see increased costs but better market access.

China Expands Domestic Aquaculture

China launched a national initiative to boost Tilapia production through modernized aquaculture farms to meet both domestic and export demand.

January 2022

This could lead to oversupply in global markets, potentially lowering prices and affecting smaller exporters.

EU Sustainability Certification Push

The European Union has emphasized the need for sustainability certifications for all imported Tilapia, aligning with its Green Deal objectives.

September 2022

Producers without certification may lose access to the lucrative EU market, while certified producers gain a competitive edge.