Arab countries account for 40% of Brazil’s beef exports
Seven nations in the region are on the list of top 20 buyers of Brazilian product. The Brazilian Beef Exporters Association (Abiec) presented the industry’s results this Thursday.
Arab countries retain a 40% share of foreign sales of beef from Brazil, the Brazilian Beef Exporters Association (Abiec) chairman Antonio Jorge Camardelli said this Thursday (14) during a press conference in São Paulo. He disclosed the results from 2017 and discussed the outlook for the industry next year.
Out of the 20 biggest importers of Brazilian beef, seven are Arab countries. Egypt placed 5th at USD 479.5 million, down 11% year-to-date through November from the comparable year-ago period. Saudi ranked ninth at USD 161 million in imports, up 63%.
The UAE were the 10th biggest importer at USD 88.1 million, up 14%. Jordan ranked 15th at UsD 44.5 million and a 1.5% increase. Algeria placed 16th at USD 40.6 million, down 34.62% from 2014. Palestine was the 18th leading buyer at USD 25.1 million, the same amount as last year’s.
Another growing concern for the industry is the halal market (i.e. foods whose consumption is permitted under Islam). According to estimates, by 2020, Muslims will make up one third of the world’s population. At this time, 90% of Brazilian meat packers are accredited to produce halal beef, and the country is the biggest supplier of beef to Islamic countries.
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