This year, shipments abroad are expected to record a 6.8% expansion over 2022, according to ABPA data through November. Iraq became Brazil’s 10th main importer this year. The UAE was the 2nd leading buyer, and Saudi Arabia the 4th.
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Decision from Cairo to open fish and seafood market brings new business opportunities for the industry due to the local demand. The Arab country could reexport them to its African and Middle Eastern partners.
Data released by the National Institute of Statistics revealed a 5.28 billion deficit year to date through November. The result represents a drop compared to the last year’s numbers.
Total shipments were higher this year compared to 2022. According to the sector lobby, the most significant increases in purchases were from China, Saudi Arabia, South Africa, South Korea, and Mexico.
Data from government statistics agency IBGE showed that from July to September services and industry grew by 0.6% each, while the agricultural sector contracted by 3.3% from the second quarter.
The North African country opened its market for Brazilian poultry in October. Negotiations to reduce tariffs to close to zero are already underway.
In his speech at the Global Halal Brazil Business Forum (GHB), the Minister of Agriculture and Livestock of Brazil emphasized his country has the excellence and capacity to meet the halal demand, discussed expanding commercial exchange with fertilizers, and highlighted Brazil as a prosperous land for investments.
Saudi Arabia opened its market for Brazilian sheep and goat meat after a visit by the Minister of Agriculture in July. The new market could represent an opportunity to expand the herd and production plants.
Exportações cresceram, mudaram de patamar e colocaram Brasil como alternativa aos fornecedores da Ásia. Desempenho de 2014 mostra que há potencial para exportar ainda mais.
Brazilian meat lobby ABPA forecasts a slight growth in the country’s output this year and a decrease in the results of global competitors. No cases of avian influenza have been detected on commercial farms in Brazil.
Brazil is importing less from the North Africa and Middle East states compared to the period from January to July 2022. Major declines include petroleum and petroleum gas and fertilizers.
Arab-Brazilian Chamber CEO Tamer Mansour spoke at Sebrae Global Experience about countries, markets and sectors that can be major buyers of Brazilian goods.
The Global Halal Brazil Business Forum will gather halal market experts and players from Brazil and elsewhere from October 23 to 24 in the WTC Events Center in São Paulo. The meeting has cemented itself as the country’s biggest event on the topic. Registration is open.
Between logistical challenges and the substantial presence of the public sector, Brazil’s smallest federative unit, where its federal capital sits, exports mainly commodities.
