Trade between Arabs and Brazilians in 2021 reached USD 24.25 billion. The UAE took over as the leading destination for Brazilian products.
Browsing: poultry
Revenue from poultry exports totaled USD 7.66 billion last year and reached a record volume. Top Arab buyers were the UAE, Saudi Arabia and Yemen.
From January to November 2021, Brazilian poultry protein exports revenue increased 25%. Luis Rua, from ABPA, explains the performance in purchases by the UAE, Saudi Arabia, and Yemen in the period.
Sales of products from Brazil to the Middle East and North Africa were up year to date through October, with a focus on iron ore, soy and poultry.
The United Arab Emirates, the third leading destination for the Brazilian product, increased purchases by 108% compared to the same month in 2020.
United International has invested USD 9.5 million in a poultry and cattle farming project in the Egyptian province of New Valley.
Shipments grew 21.3% and revenue 52%, indicating higher prices. The UAE were the third major destination, with an increase of 66% in purchases.
Last year, Egypt cleared imports of poultry-based products from Brazilian companies. Brazilian shipped 650 tonnes year to date but wants to extend their shelf life to sell even more.
The Arab country was the second largest destination of Brazilian poultry exports in August. Libya’s purchases more than doubled.
Saudi Arabian authorities decided to suspend the rule determining the shelf life as only three months for frozen chicken meat that hampered Brazilian exports.
Tanmiah, a Saudi halal poultry and food producer, wants to reach new markets. The company raised USD 107 million in an IPO last week.
Poultry exports from Brazil climbed in July. The three leading importers – China, Japan and UAE – stepped up their purchases.
Sector entities from Egypt, Jordan, Oman, Kuwait, Sudan, Tunisia, Saudi Arabia, Bahrain, Algeria, Morocco, and the UAE created the Union of Arab Poultry Producers. The first meeting took place virtually during a specialized event.
The output in banned Brazilian plants accounts for 65% of the halal poultry exports from the country to Saudi Arabia. The Arab Brazilian Chamber reported it’ll collaborate in talks to reestablish the supply to the largest economy of the League of Arab States.
