Taiwan market positions itself in sesame shipments

Published 2023년 10월 7일

Tridge summary

The sesame seed market in Paraguay has seen a significant increase in exports, thanks to the approval of the Free Trade Agreement (FTA). The approval allows importers to purchase sesame seeds from Paraguay at zero tariffs, making it a more attractive option for buyers. This has led to an increase in demand, with the president of the union projecting a potential increase of 10% to 20% by the end of the year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

At the end of August, 2,770 tons were sent, allowing the entry of foreign currency for USD 4,850,000, while last year the departure of only 608 tons for USD 987,000 had been recorded. This was indicated to La Nación/Nación Media by the president of the union Gilberto Ozorio, who added that this is a very important market that began to buy more aggressively and could increase even 10% to 20% more by the end of the year. Asked about the reason for the increase, he said that after the approval of the Free Trade Agreement (FTC), which is the sesame free trade agreement between governments, importers were benefited with zero tariffs to purchase the product from that country. “It represents a very important benefit for us within our projection of increased production and export,” he said. Likewise, it is within the market diversification plan promoted by the sector and is a job of exporting companies that constantly participate in fairs, having direct contact with foreign businessmen. ...
Source: Agromeat

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.