Neon Tetra - Economics

Economics

The neon tetra was first imported from South America and was described by renowned ichthyologist Dr. George S. Myers in 1936, and named after Dr. William T. Innes. P. innesi is one of the most popular aquarium fish, having been bred in tremendous numbers for the trade. Most neon tetras available in the United States are imported from Hong Kong, Singapore, and Thailand, where they are farm-raised, or to a lesser extent (<5%) from Colombia, Peru, and Brazil, where they are collected from the wild. During a single month, an average of 1.8 million neon tetras with an estimated value of $175,000 are imported into the United States for the aquarium trade. With the exception of home aquarists and a few commercial farms that breed neon tetras experimentally, captive breeding on a commercial scale is nonexistent in the United States.

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