Brazil reaches 150 new foreign markets for agricultural product

Published 2021년 8월 10일

Tridge summary

Brazil has successfully expanded its agricultural markets, reaching a total of 150 in 43 countries since January 2019, thanks to efforts by the Ministry of Agriculture, Livestock and Supply. Recent additions include Mexico for Brazilian fish, and Turkey, Nicaragua, Ecuador, and Costa Rica for specific agricultural products. This diversification strategy aims to reduce export concentration and is supported by the acceptance of necessary health, sanitary, phytosanitary, and veterinary certificates. Despite challenges such as African Swine Fever, the export value of Brazilian agribusiness has seen a significant 20.8% increase in the first half of 2021, totaling US$ 61.49 billion, and accounted for 45.3% of Brazil's total exports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bilateral negotiations with other countries have expanded the range of new markets for Brazilian agricultural products. The agreements conducted by the Ministry of Agriculture, Livestock and Supply (Mapa) take into account health parameters and resulted in the mark of 150 markets open in 43 countries, since January 2019. The most recent opening, this August, was for Brazilian fish to Mexico. Last month, four new access possibilities were formalized: buffalo semen for Turkey, melon seeds for Nicaragua, Arabica coffee for Ecuador and coconut seeds for Costa Rica. The work carried out by the Ministry allows for the diversification of export possibilities for Brazilian producers, with the aim of reducing the concentration of the export basket both in products and in destinations. Market openings are the result of bilateral negotiations that culminate in the agreement of the health parameters to be certified and the corresponding sanitary, phytosanitary or veterinary certificate, which ...

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