Seven nations in the region are on the list of top 20 buyers of Brazilian product. The Brazilian Beef Exporters Association (Abiec) presented the industry’s results this Thursday.
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Brazilian Coffee Exporters Council chairman Nelson Carvalhaes said the country ‘does a great job’ in the region and that consumption is picking up worldwide.
Even though the country is still the biggest buyer of product from Brazil, the hike in tax charges caused shipped volume to decline by 20%. Brazil’s industry association expects sales to pick up in 2018.
The Brazilian Institute of Geography and Statistics (IBGE) forecasts that Brazil’s grain, legume and oilseed crop will amount to 219.5 million tons in 2018, 22.4 million tons less than in 2017.
Brazil’s ministries of Agriculture and Foreign Affairs are taking companies that need cash for their projects to a meeting in Abu Dhabi with funds from across the Gulf. Registration ends on Monday.
A map of the potential that the beef industry holds was presented by a company executive this Tuesday (28) at a meeting with investors, and several Arab nations are on it.
Saudi Arabia’s minister of Agriculture met with his Brazilian counterpart this weekend. The Arab country plans to increase food products imports and investments.
A Brazilian farm exported live cattle of a wide range of breeds for the first time to the country and is also setting up a bovine genetics lab with Brazilian staff to train local workforce.
Meeting organized by the Chamber at the headquarters of the Maranhense Port Management Company aimed to mobilize the state’s entrepreneurs and increase business with North Africa and Middle East countries.
According to Cecafé, the sector’s association, Arab countries bought 1.09 million coffee bags from January to October, generating USD 179.5 million in revenues.
The first harvest estimate from the Brazilian Institute of Geography and Statistics (IBGE) for next year in Brazil is 220.2 million tons, which would entail an 8.9% decline over 2017.
Members of the Brazilian Association of Zebu Breeders (ABCZ) learned in an Arab Chamber presentation that there are opportunities to expand business within the chain in the Arab countries beyond live exports.
Production in 2017 is near twice as larger as the one registered five years ago. However, the country exports only 3% of the total.
Sales of fresh and processed poultry increased in volume in October over the same month of 2016. Year-to-date, however, there’s still a slight decline.
