Brazil’s corn exports to Egypt alone grossed USD 1.1 billion in 2024.
Browsing: Agribusiness
Among the top five destinations of the product’s exports, four are Gulf countries. The United Arab Emirates is the largest client.
State-owned lands will be allocated for agricultural use aiming to enhance food security and even export food.
The two Arab countries ranked among the top five largest importers of eggs from Brazil in 2024.
Data released by Brazil’s Ministry of Agriculture and Livestock show that the United Arab Emirates and Egypt were the top Arab clients of Brazil’s agribusiness. Exports to the Middle East and Africa grew.
The United Arab Emirates was the second largest importer of chicken meat from Brazil, and Saudi Arabia was the fourth, according to information from chicken lobby ABPA.
Finance Minister Laaziz Faid announced that starting next year, all public banks will be able to offer credit to the local agribusiness sector. The measure aims to boost productivity.
The United Arab Emirates, Saudi Arabia, and Iraq are among the top ten importers of Brazilian chicken meat, says ABPA. According to the institution, the sector is set to reach production and export records this year.
Arab countries are among the top buyers of Brazil’s agribusiness, according to the country’s National Confederation of Agriculture. The agribusiness GDP is expected to grow by 2% this year.
Brazilian agricultural attachés have been newly appointed to nations including the United Arab Emirates and Algeria. Brazil’s incoming attaché to Ethiopia will also work to advance Brazilian interests in Djibouti.
The Arab country was the third biggest importer of beef from Brazil year-to-date through October and accounted for 4.7% of total foreign sales.
The Arab country increased its sector’s shipments by 17% this year until October, with a growth in sales of products such as dates and the entry of tomatoes into new regional markets.
The Moroccan government has authorized the export of Brazilian olive oil into its market, the Brazilian Ministry of Agriculture and Livestock said. The Arab country, whose local production was impacted by drought, has taken at least two other steps this year to favor trade with Brazil.
BRF Arabia Holding Company has purchased a stake in a Saudi chicken processor for USD 84.3 million. The company says it is establishing itself as a partner in the Arab country’s food security.
