Middle Eastern market remains heated to import halal-certified Brazilian food

Published 2021년 1월 19일

Tridge summary

In 2020, Brazil's agribusiness exports reached a record $100.81 billion, with Arab countries and China being major markets. Arab countries imported goods worth $8.8 billion, including $1.83 billion of chicken meat and $604 million of beef. China accounted for 68% of the total exports, generating $67.7 billion, with soy being a significant product. There is growing interest in halal certification in Brazil, with the aim to certify the entire production chain and not just proteins, but also commodities like soy, corn, coffee, and cheese. This move is aimed at providing safe and traceable food for the growing Muslim population, which is expected to reach 3 billion by 2030.

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

Original content

In 2020, Brazilian agribusiness exports reached the level of US $ 100.81 billion according to data from the Foreign Trade Secretariat (Secex), data compiled by Insper. Each year, the Brazilian flag is seen more in packages destined for the Arab countries, including those belonging to the Middle East. Of the total exports to these countries, which totaled US $ 8.8 billion, chicken meat was responsible for 21%, with revenues of US $ 1.83 billion; beef, by 6.8%, generating US $ 604 million; sugars and molasses for US $ 1.33 billion, with a 15% market share and corn for US $ 1.050 billion. Another important market is the Asian market. Of the $ 99.1 billion in revenue generated from general exports, China accounted for 68%, resulting in $ 67.7 billion. Japan purchased US $ 4.1 billion, Korea US $ 3.8 billion, Singapore US $ 3.6 billion and Indonesia, the largest Muslim country, US $ 2.1 billion. In agribusiness, soy was responsible for 24% of this amount, reaching a value of US $ 23.4 ...

Source: Portal Do Agronegocio