Panama opens doors to Brazil poultry and pig products

Published Aug 28, 2024

Tridge summary

The Brazilian Animal Protein Association (ABPA) announces with great pleasure the dissal of trade barriers by Panama, allowing Brazil to export chicken and pork meat to the Central American nation. This development follows a request made by the Brazilian government to its Panamanian counterparts in 2023, aiming to diversify Panama's meat imports beyond their current dependence on North America. With a population of 4.4 million and high per capita meat consumption, Panama presents a significant market for Brazilian meat producers. This move is heralded by ABPA as a step towards market diversification, complementing local production rather than competing with it, and is seen as a feather in the cap for Brazilian Agriculture Minister Carlos Fávaro.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Brazilian Animal Protein Association (ABPA) celebrates an announcement made by the Brazilian Ministry of Agriculture and Livestock about the opening of the Panama market for Brazilian chicken and pork meat, according to a press release from the association. The Panamanian Food Agency – a body of the Government of Panama equivalent to the Brazilian Ministry of Agriculture – responds to a sectoral request made to the Brazilian Government and forwarded to the authorities of the Central American country in 2023 for the opening of the market to pork and poultry products. Country of 4.4 million inhabitants and with a large tourist flow, with one of the highest per capita consumption of chicken meat in Latin America – around 54 kilos per capita in 2023, according to the Instituto Latinoamericano del Pollo (ILP ) – and with a per capita consumption of pork of 12.6 kilos, according to FAOSTAT – Panama is a market with significant external demand for products. In 2023, according to the ...
Source: Thepigsite

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