During the 2018/19 crop, three of the five top destinations of the Brazilian commodity were Arab countries. The National Supply Company is expecting a record ethanol output.
Browsing: Agribusiness
Blairo Maggi made an assessment of his term and said he recommended to the future Minister Tereza Cristina that she travels to countries of the region at the very beginning of the new government. He added that Brazilian agribusiness should achieve a new export record in 2018, with USD 100 billion.
Exports to the region were down 19% from January through November to USD 2 billion, but the industry association expects a rebound in 2019. Saudi Arabia, the biggest market, is expected to increase its imports again.
This year should see 59.6 million 60-kg bags harvested, as per a November survey from the Brazilian Institute of Geography and Statistics (IBGE).
In line with the upward trend of the past few years, foreign sales are expected to reach 1.62 million tons in 2018 – the biggest volume ever shipped from Brazil. Revenues are seen climbing 7.4% to over USD 6.5 billion.
Last month saw 3.68 million bags shipped from Brazil. Revenues slid by 1% to USD 485 million. Year-to-date, the volume shipped to Arab countries was up 15%.
The Brazilian Institute of Geography and Statistics (IBGE) forecasts a 231-million-ton harvest next year, up 1.7% from this year.
Agricultural engineer Nilson César Castanheira Guimarães will take his post at the Embassy of Brazil in Rabat at the end of this month. Plans include boosting trade and cooperation. He will also cover Tunisia and Nigeria.
Volume shipped was down 1%, with revenue decreasing by 5.5%. The industry association chairman, however, said there are signs of a recovery.
Saudi Arabia has cleared Brazilian genetic material imports for the first time. The Arab Chamber CEO expects to see bovine genetics exports to Arab countries climb by 30% in 2019.
The size of the population is drawing the attention of international olive oil producers. Arabs doubled their sales in Brazil this year.
The Brazilian Ministry of Agriculture reported that the Arab country has approved the International Sanitary Certificate model for apiculture products from Brazil. Sales could fetch as much as USD 4.43 million a year.
Industry organization Associação Oliva and the city’s Secretariat for Nature and the Environment are holding an event next Thursday (22) to discuss the product’s manufacturing and consumption.
Foreign sales by the industry amounted to USD 8.48 billion. Soy was the top seller at USD 2.62 billion shipped out, up 78.8% from a year ago.
