{"id":358901,"date":"2023-10-06T13:01:44","date_gmt":"2023-10-06T16:01:44","guid":{"rendered":"https:\/\/anba.com.br\/low-taxes-stimulate-lobster-hatching-egg-sales-to-morocco\/"},"modified":"2024-03-22T17:02:06","modified_gmt":"2024-03-22T20:02:06","slug":"low-taxes-stimulate-lobster-hatching-egg-sales-to-morocco","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/low-taxes-stimulate-lobster-hatching-egg-sales-to-morocco\/","title":{"rendered":"Low taxes stimulate lobster, hatching egg sales to Morocco"},"content":{"rendered":"

S\u00e3o Paulo \u2013 Morocco<\/strong>\u2019s market for poultry genetics and lobster from Brazil have been open for over three years since 2020, but Brazilians don\u2019t export them to the North African state yet. According to the agricultural attach\u00e9 of the Embassy of Brazil in Rabat, Ellen Laurindo, taxes on both are low if compared to other animal proteins imported by the Arab country.<\/p>\n

The Brazilian Trade and Investment Promotion Agency (ApexBrasil) published last week a market study that analyzes the opportunity for Brazilian exporters to sell lobsters and poultry genetics to Morocco. The attach\u00e9 spoke with an ANBA reporter on the survey.<\/p>\n

\u201cThere\u2019s potential to sell these products [to Morocco], as the taxes on animal products is 69% in average. For poultry genetics in particular the tax is 2.5%, while for frozen lobster it\u2019s 10%. These are the products with the lowest tax rates [considering this range of product],\u201d said Laurindo.<\/p>\n

Just to get an idea, Morocco\u2019s tax on beef imported from Brazil is 200%. According to the attach\u00e9, this happens for protectionism issues and because the Arab country has free trade agreements with other countries and blocs like the European Union, Turkey, the United States, the Arab League, and others.<\/p>\n

\u201cBeef from Brazil gets here because hotels buy it as a premium product. But Brazil and Mercosur have no agreement signed with Morocco,\u201d she said. And even with agreements, beef from these countries is taxed by 40%.<\/p>\n

As for poultry genetics, the Arab country can\u2019t tax on this big of a scale because it hasn\u2019t a relevant production on its own. \u201cThey buy a lot from France and Spain at zero tariff, and there\u2019s the convenience of transport. But costs in Europe are very high, labor is expensive, and volume is limited,\u201d said Laurindo.<\/p>\n

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Ellen Laurindo: Opportunities for Brazilian companies<\/figcaption><\/figure>\n

Brazil already ships hatching eggs to Senegal<\/strong> and Mauritania, countries that are near Morocco. \u201cBrazil is the largest exporter of hatching eggs to Senegal, and Europe doesn\u2019t export them, so there\u2019s a route already that could be further explored,\u201d she said.<\/p>\n

Although the market for hatching eggs has been open since 2020, Brazil doesn\u2019t export them to the Arab country yet. \u201cBut there\u2019s interest from some Brazilian companies,\u201d she said.<\/p>\n

The study by ApexBrasil deals with one-day-old chicks, but Ellen Laurindo said the most relevant products for Morocco in this field are hatching eggs, which are shipped to the country chilled and incubated.<\/p>\n

Poultry genetics shipments from Brazil grew by 78.3% year to date through August compared to the same period last year. Revenues from exports jumped 47% year on year, said meat lobby ABPA.<\/p>\n

The leading importer was Mexico at 10,429 tonnes year to date through August. Senegal also stood out at 2,262 tonnes.<\/p>\n

Read more:<\/em><\/p>\n