Singapore leads the ornamental fish business

The latest FAO (Food and Agriculture Organisation) world statistics for both imports and exports of ornamental fish have recently been released. At a quoted value of US$ 59,940,000, Singapore once again tops the list of exporting countries. This figure marks a drop from 2008 (US$ 68,706,000), but still easily outstrips those of its nearest competitors. In fact, Singapore still commands a healthy lead, accounting for 18.4 % of the total 2009 value of world ornamental fish exports, which amount to US$ 326,667,000 (consisting of both freshwater and marine ornamental aquatic organisms). On the import front, the FAO statistics show that Singapore imported US$ 23,336,000 worth of ornamentals in 2009, accounting for just 6.3 per cent of the world total of US$ 371,426,000.