The country saw an increase in sales of different agricultural goods to the Arab countries in January, including maize, sugar, beef and poultry.
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The Arab country stepped up by 319% its beef purchases from Brazil and ranked second among the leading importers, only behind China.
The Chinese market has returned to buy Brazilian beef this Wednesday (15), after a suspension for about three months due to unusual cases of mad cow disease.
Beef prices reach unprecedent levels in the Egyptian market, with weekly increases caused mainly by increasing cattle feed prices.
From January to September, the United Arab Emirates were the sixth leading destination for Brazilian beef abroad and increased its purchases by 14%. Brazil had an excellent performance in exports of the product in September, despite an embargo in some countries.
According to Brazil’s Ministry of Agriculture, Saudi authorities have lifted the ban on five beef plants in the state of Minas Gerais. The clearance came into force on Thursday (16).
The Arab country ordered the suspension after atypical cases of mad cow disease were registered. The Arab Brazilian Chamber believes in a quick resolution of the problem.
The region reduced its share in Minerva’s exports from Brazil and grew in sales of the subsidiary Athena, which encompasses operations in Argentina, Uruguay, Paraguay, Chile and Colombia.
From January to July 2021, the shipped volume declined. However, revenue from foreign sales grew. Egypt was the fourth largest buyer.
Foreign sales of agriculture and livestock grew by 25% in June, driven by the rise in international prices. Revenue from soy and animal protein shipments rose.
The Gulf country has approved a new model of International Health Certificate for beef from Brazil. Saudi Arabia has also opened up its market for sheep meat from Brazil.
International sales of Brazilian beef grew in revenue and fell in volume from January through May. The UAE increased imports by 11.8% in the period.
Brazilian firm reported it has entered an agreement with Salic UK, a Saudi Arabia’s Salic subsidiary, to sell as much as 25,000 tons of products a year. A memorandum has also been signed for potentially doing business in Australia.
Foreign sales of cattle meat decreased in terms of volume and revenue as most major destinations, including Egypt, stepped down their purchases.
