{"id":273737,"date":"2020-05-22T18:18:29","date_gmt":"2020-05-22T21:18:29","guid":{"rendered":"https:\/\/anba.com.br\/?p=273737"},"modified":"2020-05-22T18:54:02","modified_gmt":"2020-05-22T21:54:02","slug":"arab-countries-to-outbuy-eu-in-brazilian-agribusiness-items","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/arab-countries-to-outbuy-eu-in-brazilian-agribusiness-items\/","title":{"rendered":"Arab countries to outbuy EU in Brazilian agribusiness items"},"content":{"rendered":"

S\u00e3o Paulo \u2013 Arab countries are poised to overtake the European Union (EU) as a destination for Brazilian agribusiness products. So says professor and Insper senior researcher on Global Agribusiness Marcos Jank, who\u2019s regarded as one of the most authoritative voices in the industry. Jank made the prediction recently on TV channel Terra Viva\u2019s Agro 360 show, which centered around the Arab countries and featured the Arab Brazilian Chamber of Commerce<\/strong><\/a>.<\/p>\n

\u201cI believe the Arab countries will outdo Europe as buyers of Brazilian agribusiness in no time,\u201d he said, after pointing out that the EU, which imported as much as USD 25 billion in agribusiness goods from Brazil at one point, is now buying USD 16 billion. As per Brazilian Ministry of Agriculture, Livestock and Supply numbers, China is the number one importer right now, with the EU in second despite the drop in imports.<\/p>\n

Marcos Jank said the Arab countries and China are the two parts of the world that really matter to Brazil\u2019s agribusiness industry. He said sales to Middle East and North Africa countries amount to USD 13 billion. \u201cWe must understand that our growth depends on tighter and tighter relations with the Arabs and the Chinese. That\u2019s where our demand is going to come from. We\u2019re married to them and we need to treat them well,\u201d he argued.<\/p>\n

Jank said the Arab countries import USD 110 billion in agribusiness products from around the world, with Brazil accounting for USD 9 billion. Ministry numbers show that Brazilian agribusiness exports to Arab countries \u2013 rather than all Middle East and North Africa ones \u2013 came out to USD 8.5 billion last year.<\/p>\n

\u201cIt\u2019s a region which imports USD 110 billion and exports USD 40 billion. There\u2019s a major deficit, and that\u2019s not going to change, because it\u2019s a region with scant natural resources. There\u2019s not enough water, there are issues with the soil, so this is an old wedding, a cultural wedding,\u201d he said of Brazilian-Arab relations.<\/p>\n

The researcher believes one of the biggest challenges resides in diversifying exports to Arab countries both in terms of destinations and products. The primary importers are Saudi Arabia, the UAE and Egypt, with sugar making up 20% of sales, followed by poultry at 18%, beef at 16%, maize at 15%, soy at 10%, and livestock at 6%, Jank said during the TV show.<\/p>\n

Marcos Jank said sales have gone up for less regulated products such as soy, maize and livestock. When it comes to meats, on the other hand, face restrictions on export accreditations allowing suppliers to export. \u201cWe must fight to diversify, but also to add value. Meats carry more value than grains. We need to increase our access to that entire region,\u201d he said.<\/p>\n

According to the researchers, Arab countries are stepping up their imports each year by 10% for processed foods, 9% for fresh fruit, 10% for fish and seafood, and 6% for dairy. \u201cWe could work to diversify by adding other complementary products. Fish and seafood is a great option,\u201d he suggested.<\/p>\n

Marcos Jank noted that in face of the pandemic, Brazil reassured the world that it\u2019d remain a global food supplier and espoused keeping markets open. According to him, the threat of food insecurity looms larger in Arab and Sub-Saharan Africa countries because they are such import-dependent regions. \u201cWe are stepping forward and saying \u2018Look, we will help make sure there is food security,\u201d he said.<\/p>\n

Agro 360 episode \u201cDiversification of Brazilian products in the Arab world\u201d aired May 11. It also featured Parliamentary Group for Agriculture chair and congressman Alceu Moreira, Brazilian Agricultural Research Corporation (Embrapa) chair Celso Moretti, BRF CEO Lorival Luz, Brazilian Animal Protein Industry Association (ABPA) executive director Ricardo Santin, and Arab Chamber president Rubens Hannun.<\/p>\n

Translated by Gabriel Pomerancblum<\/strong><\/p>\n

Screenshot<\/div>\n","protected":false},"excerpt":{"rendered":"

Professor and researcher Marcos Jank expects Arab nations to overtake the European Union in imports of farm and livestock products from Brazil soon. He discussed the topic in a TV show on channel Terra Viva.<\/p>\n","protected":false},"author":1455,"featured_media":273713,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[114],"tags":[9859,12363,15463,33719,15310],"class_list":{"0":"post-273737","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-arab-chamber-en","9":"tag-arabes-en","10":"tag-embarques-brasil","11":"tag-importacoes-en","12":"tag-marcos-jank-en"},"wps_subtitle":"Professor and researcher Marcos Jank expects Arab nations to overtake the European Union in imports of farm and livestock products from Brazil soon. He discussed the topic in a TV show on channel Terra Viva.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/273737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/1455"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=273737"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/273737\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/273713"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=273737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=273737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=273737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}