Uruguay looks to markets in the Middle East and North Africa for its meat
Fresh Whole Beef
Meat
Uruguay
Published Mar 26, 2021
Tridge summary
Just as Colombia explores and opens new markets, other producing and exporting countries such as Uruguay also have their sights set on exports.
Original content
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 region represents 6% of the world's population and 4.5% of the world's GDP. The MENA shows an increasing trend in disposable income per inhabitant ...
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