Egypt offers opportunity for Brazil’s ginger

Published 2023년 10월 17일

Tridge summary

Brazilian ginger exporters have the opportunity to tap into the Egyptian market, which opened up to them in 2021. However, despite a reduction in import tariffs and the potential advantages of the Mercosur-Egypt free trade agreement, sales of Brazilian ginger in Egypt have remained low. Egyptian imports of ginger decreased in 2022 compared to the previous year, and Chinese, Nigerian, and Indian suppliers are currently the main players in the market.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

São Paulo – Brazilian ginger exporters could have great opportunities in Egypt. The Arab country opened its ginger market to Brazil in 2021; Still, sales of the Brazilian product have been close to null, despite the Mercosur-Egypt free trade agreement bringing a reduction in import tariffs, which benefits the country against its competitors. In April this year, the Brazilian Export and Investment Promotion Agency (ApexBrasil) published a study on ginger in Egypt, with data on the market and opportunities for Brazilian companies. The study was a partnership with the Brazilian Ministry of Agriculture and Livestock, the Ministry of Foreign Affairs, and the Embassy of Brazil in Cairo. The agricultural attaché of the Embassy of Brazil in Cairo, Rafael Mohana, spoke with ANBA about the topic. Global ginger production has been increasing over the last ten years. In 2021, the leading producers were India, Nigeria, and China. Among the world’s largest exporters of the product, China had ...

Source: Anba