News

Opportunity for Uruguayan meats in the Middle East and North Africa

Fresh Whole Beef
Uruguay
Published Mar 22, 2021

Tridge summary

Good opportunities open up for Uruguayan meats in the Middle East and North Africa. This region is attractive because it imports around 3.4 billion dollars of beef annually since 2010, and imposes average default tariffs of less than 5%, without quotas. Despite having sanitary authorizations to export to several countries in the region, Uruguay only maintains a relevant export flow with Israel, says a report from the National Meat Institute (INAC).

Original content

The Middle East and North Africa (MENA) is a region 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. It should be noted that this name does not refer to a commercial block formed, but to a geographical region. With almost 500 million inhabitants and a Gross Domestic Product (GDP) of 3.65 trillion dollars, this region represents 6% of the world population and 4.5% of the world GDP. The MENA shows a growing trend in disposable income per inhabitant and an increasing urbanization and westernization process. This impacts their diet and importing pattern. These phenomena are most noticeable in the member countries of the Gulf Cooperation Council (GCC): Bahrain, Kuwait, Oman, Qatar, UAE and Saudi Arabia. Some market characteristics position MENA as a great opportunity for the placement of beef and sheep. In 2020, beef ...
Source: Eltelegrafo
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