Brazil Expands Agricultural Market Access with New Approvals in South Korea and Guatemala

Brazil has attained new agricultural market access in South Korea and Guatemala, allowing the import of sesame seeds and the approval of gelatin and collagen exports. These advancements underscore Brazil’s commitment to diversifying its market reach, with over 317 new opportunities created since 2023, solidifying its role as a significant global agricultural supplier.

The Brazilian government recently announced new market access for its agricultural products in South Korea and Guatemala. In South Korea, the importation of Brazilian sesame seeds has been authorized, which will bolster trade connections, as the country already imports substantial quantities of Brazilian agricultural goods valued at over USD 2.85 billion in 2024. This move enhances Brazil’s market presence and diversifies its exports further.

Moreover, Guatemala’s sanitary authorities have confirmed that Brazilian producers of gelatin and collagen comply with regulatory criteria, paving the way for increased trade partnerships. Brazil exported approximately USD 248.9 million worth of agricultural products to Guatemala in 2024, with significant exports including forestry goods, grains, and oilseeds. This new authorization creates additional opportunities for Brazil’s food and pharmaceutical ingredient sectors.

Since 2023, the Brazilian agribusiness sector has successfully secured 317 new market access opportunities, a testament to its commitment to diversifying exports and fortifying its global leadership in agriculture. These developments are attributed to collaborative efforts between the Ministry of Agriculture and Livestock and the Ministry of Foreign Affairs.

Brazil’s agricultural exports play a vital role in the nation’s economy. With significant value in trade, particularly with South Korea and Guatemala, expanding agricultural market access is critical for Brazil’s strategic export goals. This not only enhances trade relationships but also strengthens Brazil’s position in global agricultural markets by allowing access to new products in diverse markets.

In summary, Brazil has successfully secured increased agricultural market access in South Korea and Guatemala, resulting in enhanced trade relationships and diversified export opportunities. The country’s achievements reflect collaborative efforts from key ministries and signify a strengthened position within the global agricultural sector. Continued expansion in market access is vital for Brazil’s agricultural growth and international competitiveness.

Original Source: www.gov.br