Soy and its products accounted for over half of Brazilian agribusiness foreign sales in April, with a 12.6% increase over a year ago.
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Brazil grossed USD 71.9 million from foreign sales of the product to Arab countries from January to April this year. The amount is down 26.3% from a year ago.
The Brazilian-based company Korin is planning to ship the first batch to the Arab country in July. It began to export the product last year, to Hong Kong.
The new norm will be rolled out progressively from June. A list of the goods that will be required to be certified will be released soon.
Revenue slid year-on-year in April due to good sales in April of last year, the fact that April this year had less business days, and the Federal Police bribery probe Operação Carne Fraca, an industry association said.
Qatar Meat Production, the only meat processing plant in the Arab country, announced plans to start to import Brazilian animal protein directly.
Representatives from the sector met with Egyptian authorities and organized a barbecue to promote the Brazilian product in Cairo.
The action is designed to enhance the image of the product from Brazil in the Arab country, which is one of the premier markets for Brazilian exporters.
The organization’s president Rubens Hannun met with Brazilian Agriculture minister Blairo Maggi on Wednesday (19). Hannun discussed actions taken to strengthen the image of Brazil’s meat industry in Arab countries.
Sales of eggs from Brazil to other countries amounted to 5,500 tons in the first quarter of the year. The UAE was the biggest buyer, but its imports also declined.
Delegation visited meat processing plants in several states and met with the minister of Agriculture, Blairo Maggi. ‘The impression was very good,’ he said.
In the first quarter of the year, sales to the region increased by 12% to USD 2.029 billion over the comparable period in 2016.
Foreign sales of the Brazilian product totaled USD 501 million, an increase of 22%. In comparison to March of last year, however, sales declined 3%.
Revenue from foreign sales widened although volume went down. Lebanon, Syria and Jordan were the top Arab buyers of Brazilian coffee.
