ise-view-Article Detail Bottom List
More beef products enter Mideast
Date Published：9/13/2018 09:09:14 AM
BRAZILIAN beef is one of the best in the world, and the Arab nations are consuming more of it this year. In a report in Food Business Gulf & Middle East, the Arab Brazilian Chamber of Commerce (ABCC) confirms that exports came to 149,700 tons in the amount of USD 514 million, during the first seven months of 2018. Compared to the same period in 2017, exports are currently higher by 15.8%.
Brazil’s shipments of beef to Egypt, currently its biggest market, amounted to USD 246 million – a jump of 19.58% compared to the first seven months of 2017. Egypt imported 81,071 tons of beef, a growth of 41.2%.
The ABCC is confident that by the end of the year, Brazil’s exports to the region will continue to increase. In the report, Michel Alaby, Secretary General and CEO, ABCC is quoted as saying, “The ABCC will be active in exploring other effective and efficient mechanisms to boost their already vibrant trade ties and bolster growth of their respective business communities. As for our outlook for 2019, we remain upbeat that we will see the same ascent in demand for beef and other products from different Arab markets.”