Expansion of Brazilian Agricultural Exports to Eurasian Union…

The Brazilian government has secured new export authorizations for agricultural products in key markets, including the Eurasian Economic Union, Saudi Arabia, and Thailand. Significant items such as bananas, yerba mate, and fish oil are now included in the trade portfolio, boosting exports and enhancing international trust in Brazilian agricultural practices. The initiatives illustrate the successful collaboration between Brazilian ministries and a commitment to diversifying export strategies.

The Brazilian government is pleased to announce that new authorizations have been granted for the export of additional agricultural products to key international markets. Specifically, the Eurasian Economic Union (EAEU), which includes Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia, has approved Brazilian imports of bananas and nuts. In 2024, Brazil achieved exports exceeding USD 1.3 billion to the EAEU.

In Saudi Arabia, significant opportunities have arisen with the official approval to export yerba mate and macadamia nuts, contributing to Brazilian agricultural exports that surpassed USD 2.3 billion throughout 2024. Similarly, Thailand has recognized new market avenues by permitting imports of fishmeal and fish oil, valued products with high protein content and diverse industrial applications. Between January and November 2024, Thailand imported over USD 2.7 billion in agricultural goods from Brazil.

These advancements are a testament to the Brazilian government’s commitment to diversify its export portfolio while fortifying its commercial relationships with global partners, reflecting the international confidence in Brazil’s established sanitary and phytosanitary programs. Notably, Brazilian agribusiness identified 221 new market access opportunities in 2024, culminating in a total of 299 since the beginning of 2023, due to the collaborative efforts of the Ministry of Agriculture and Livestock, along with the Ministry of Foreign Affairs.

This article focuses on the recent expansions in market access for Brazilian agricultural products as approved by several international markets, namely the Eurasian Economic Union, Saudi Arabia, and Thailand. Brazil’s efforts to enhance its agricultural export landscape reflect its strategic aim to cultivate global partnerships while maintaining high sanitary standards for its products. The quantified figures from exports to these regions signify the increasing demand for Brazil’s agricultural variety and the effectiveness of governmental collaboration in achieving these market openings.

In summary, Brazil has successfully expanded its agricultural export portfolio with new authorizations in key international markets, highlighting the importance of strategic partnerships. The substantial export figures to the EAEU, Saudi Arabia, and Thailand demonstrate growing confidence in Brazilian products and the country’s commitment to maintaining robust sanitary regulations. The collaborative efforts of relevant governmental ministries have proven effective, resulting in a significant number of new market access opportunities, reinforcing Brazil’s position in the global agricultural market.

Original Source: www.gov.br