Saudi Arabia resumed purchases of suspended Brazilian refrigerators

Published 2021년 9월 26일

Tridge summary

Saudi Arabia has lifted its partial embargo on Brazilian meat processing plants in Minas Gerais, just 10 days after imposing the restriction. The decision comes despite the embargo initially affecting Saudi's import of over 24,000 tons of Brazilian beef, making it the third largest importer of Brazilian beef behind Chile and Uruguay. The initial embargo had impacted significantly, with Brazil exporting chilled and frozen beef worth US $ 115.2 million to Saudi Arabia in the eight months leading up to August.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Faxcarne | Saudi Arabia's partial embargo on Brazilian meat processing plants was short-lived. Last Wednesday, just 10 days after the Saudi embargo began to apply to five meat processing plants in the state of Minas Gerais, they announced that they were reversing the decision and re-enabling them. Until August, Saudi Arabia was the destination of 8,479 tons of chilled beef for US $ 40.7 million (the third destination in volume behind Chile and Uruguay) and 16,327 tons of frozen meat for US $ 74.5 million. The ...
Source: Elagro

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.