Former ministers of Agriculture spoke about the impacts of the conflict between Russia and Ukraine on Brazilian agribusiness in Terraviva channel’s Agro 360 TV show. Arab Brazilian Chamber president Osmar Chohfi also participated.
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Terra Viva channel will broadcast on Thursday (11) at 1 pm a show with seven of Brazil’s former Agriculture ministers. The show is supported by the ABCC.
Brazilian sector stood out amid the economic rebound and during the COVID-19 crisis. Valued exchange and export capacity make Brazilian agribusiness companies more attractive for foreign investors.
Foreign sales of unprocessed and processed poultry from Brazil grew in February. Increased shipments to Libya stood out.
Brazil shipped 192,000 tonnes of chicken meat to the Arab country in H1. Total foreign sales grew by 11% in the period.
Brazil shipped 381,100 tons in May. UAE purchases was one of the highlights of the month, ABPA said.
USD 526 million worth of product got shipped from Brazil, up 6.3% from February 2018, with added demand from Asian countries, notably China. Half of Brazil’s top ten destinations are Arab countries.
The meat packing units account for 30% of sales to the Arab country. The decision, which is reversible, was made on technical grounds.
Exports to the region were down 19% from January through November to USD 2 billion, but the industry association expects a rebound in 2019. Saudi Arabia, the biggest market, is expected to increase its imports again.
Volume shipped was down 1%, with revenue decreasing by 5.5%. The industry association chairman, however, said there are signs of a recovery.
Brazil shipped out over 366,000 tons in October. The poultry farmers’ association says that the data confirms the perspective of recovery.
The country shipped 397,000 tons abroad, down 4.6% over the same month of 2017. However, the volume surpassed 2018’s monthly average.
New criteria for halal slaughtering is one of the main reasons. Saudi Arabia’s and Kuwait’s imports slid 28% and 11%, respectively. The United Arab Emirates increased purchases in 7%.
The month saw 463,100 tons worth of chicken shipped from Brazil. The resumption of sales in the wake of a trucker strike and normalization of statistics from the Ministry of Industry, Foreign Trade and Services led to the record-breaking result.
