Tridge summary
China has approved 21 Brazilian companies to export sesame, making it the first country to do so. With China accounting for 38.4% of the world's sesame consumption, this authorization underscores the market's potential for Brazilian agribusiness. Currently, Brazil ranks seventh in global sesame exports, with its main producing states being Mato Grosso, Goiás, Pará, and Tocantins. However, there is significant growth potential in Bahia, Minas Gerais, Maranhão, and Rondônia. In 2023, China imported US$ 1.53 billion of sesame.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Brazil's largest trading partner, China, continues to expand its business and has authorized the first 21 Brazilian companies to export sesame. The Asian country, a major global importer of the product, accounts for 38.4% of the world's consumption of the seed. The information was released today (4) by the Ministry of Agriculture and Livestock (Mapa). According to the ministry, the authorization demonstrates the potential as a strategic market for Brazilian agribusiness. Currently, Brazil ranks seventh in the world ranking for sesame exports, representing 5.31% of global trade. The country's main producing states are Mato Grosso, Goiás, Pará and Tocantins. According to Mapa, Bahia, Minas Gerais, Maranhão and Rondônia ...
Source: CanalRural
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