CNA study shows opportunities for Brazilian nuts in Southeast Asia

Published 2023년 2월 27일

Tridge summary

A recent study by the Brazilian Confederation of Agriculture and Livestock (CNA) has identified Southeast Asian countries, including India, Vietnam, Thailand, Malaysia, and Singapore, as potential markets for increasing Brazilian nut exports. The study highlights India and Vietnam as the most promising markets due to their growing populations, increasing dependency on imports, and a trend towards healthier lifestyles. Despite being the third-largest producer, India is a net importer of nuts. Vietnam, the largest processor and exporter of cashew nuts, relies heavily on imports and Brazil is a key supplier. Thailand, a hub for nut processing in Southeast Asia, presents a significant opportunity for Brazilian nut exports. However, Malaysia and Singapore, while depending on imports to meet internal demand, are not considered major opportunities for Brazilian nut exports due to their lower trade volumes.

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Original content

Brazil has the potential to increase nut exports to Southeast Asian countries, according to an unprecedented study prepared by the Brazilian Confederation of Agriculture and Livestock (CNA) to identify business opportunities for the products of greatest interest to the Agro.BR project . The study “Analysis of Market Opportunities: Exploring the Nut Market in Southeast Asia” considered India, Vietnam, Thailand, Malaysia and Singapore as the most relevant markets in the region. CNA's Commercial Intelligence coordinator, Felipe Spaniol, stated that the study pointed to India and Vietnam as the most attractive destinations for Brazilian nuts and nuts, given the increased dependency on imports, the good prospects for expansion with a growing population and the quest for a healthier lifestyle. “Small and medium producers must look strategically at these markets. For this, it is important to train, participate in fairs, missions and business roundtables offered by CNA, through the ...

Source: NoticiasAgricolas