In January of this year, USD 60.2 million were exported, mainly in beef, chicken, and sugar.
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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.
The trade balance was boosted by a similar percentage increase in exports from both countries. Kuwait supplies mainly oil to the Brazilian market. Brazil exports chicken meat.
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.
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.
Exports to the country have been consistently growing since 2022, based on the analysis of the first eight months of the year. Imports, on the other hand, are declining.
Saudi Arabia is the fourth leading destination of chicken produced in Brazil. Shipments to Arab countries and elsewhere were lower, though.
Brazil shipped an average volume of 431,400 tonnes in the first quarter of 2024 compared to 428,000 tonnes last year. June’s and first quarter’s results were down, though, although Saudi Arabia and the United Arab Emirates stepped up purchases.
Annual event of the International Poultry Council holds presentations and debates on the poultry supply chain. Arab-Brazilian Chamber secretary-general & CEO Tamer Mansour spoke about focusing on halal consumers.
Revenue growth was 9.3% compared to the same period in 2022. The United Arab Emirates was the third leading buyer in the period, and Saudi Arabia came fifth.
Libyan executives arrived in the country aiming to close deals and make new contacts. Among them are businesspeople from a food importing group and Tripoli Chamber of Commerce executives.
Saudi Arabia imported 119,500 tonnes of Brazilian poultry from January to April and was one of the leading buyers of the period.
Revenue grew 39% compared to January 2022. China, Japan, Saudi Arabia, South Africa, and the European Union were some of the leading destinations.
