Opening of the market in Nigeria for Brazilian livestock products

Published 2024년 6월 26일

Tridge summary

The Nigerian health authority has approved Brazil to export live cattle and buffaloes for reproduction, as well as milk and dairy products, marking a significant milestone in trade relations between the two countries. In 2023, Nigeria imported over US$875 million worth of Brazilian agribusiness products, underscoring Nigeria's importance as a trading partner in Africa. This development is expected to provide opportunities for Brazilian producers to expand their business and is part of a broader strategy by the Brazilian government, which has secured access to 149 new markets in 52 countries since 2023, with the collaboration of the Ministry of Agriculture and Livestock (Mapa) and the Ministry of Foreign Affairs (MRE).

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

Original content

The Brazilian government received, with satisfaction, the announcement, by the Nigerian health authority, of authorization for Brazil to export live cattle and buffaloes for reproduction, as well as milk and dairy products, to that country. In 2023, Nigeria imported more than US$875 million in Brazilian agribusiness products, being an important trading partner for Brazil in Africa. In addition to reflecting confidence in the Brazilian health control system, the new opening offers future opportunities for national producers to expand their business, given the great potential of the African continent in terms of demographic expansion and economic growth. With this announcement, Brazil reaches its 71st market ...

Source: Beefpoint