Uruguay looks to markets in the Middle East and North Africa for its meat

Published 2021년 3월 25일

Tridge summary

The Middle East and North Africa (MENA) region, consisting of 20 countries, is a significant market for Uruguayan beef and sheep meat exports due to its high importation of these products and low average tariffs. Despite having sanitary authorization, Uruguay has only notably exported to Israel, with Saudi Arabia and Lebanon being other minor recipients. The lack of commercial preferences is identified as a challenge for Uruguay in these markets, particularly due to the region's growing urbanization, westernization, and increasing disposable income, which are changing dietary preferences and import patterns. Halal certification is necessary for exporting beef to several MENA countries, which have Muslim majorities, presenting an opportunity for Uruguay to expand its presence in the market.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Just as Colombia explores and opens new markets, other producing and exporting countries such as Uruguay also have their sights set on exports. In this sense, the National Meat Institute (INAC) of the southern country pointed out that the Middle East and North Africa (MENA) is a region of interest since it is made up of 20 countries: Algeria, Bahrain, Djibouti , Egypt, Iran, Iraq, Israel, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Syria, Tunisia, United Arab Emirates (UAE), Palestine, and Yemen. This region is attractive because it imports about $ 3.4 billion of beef annually since 2010 and imposes average default tariffs of less than 5%, with no quotas. (Read: Uruguay registers a drop in meat exports by 18.1%) Despite having sanitary authorizations to export to several countries in this region, Uruguay only maintains a relevant export flow with Israel. With almost 500 million inhabitants and a Gross Domestic Product (GDP) of 3.65 trillion dollars, this ...
Source: MXContexto

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