ABCC Reveals a Hike in Demand for Brazilian Beef in the Arab Region
Strong
performances recorded during January – May 2019 posting a 23.3% increase in
value and 28.8% increase in volume for the first five months of 2019
The
Arab Brazilian Chamber of Commerce (ABCC) revealed an increased demand for
Brazilian beef in the Arab region. There were strong performances recorded
during January – May 2019 posting a 23.3% increase in value and a 28.8%
increase in volume for the first five months of 2019.
According
to ABCC, Brazilian beef exported to the Arab region from January to May in 2019
amounted to USD 487.24 million, portraying a 23.3% increase compared to the
last year that posted USD 395.16 million. Egypt is leading in the beef exports
of Arab countries Media Marketing Dubai with over USD 162.64 million
following by the UAE with USD 145.49 million and Saudi Arabia with USD 55.36
million.
Rubens
Hannun, President Of The Arab-Brazilian Chamber Of Commerce, said, “We are
proud to report that there is a continued strong demand for Brazilian beef
products in the Arab region. In fact, the first five months of 2019 has seen
increases in both volume and value in terms of beef exports to Arab countries.
The demand for these products reflects the strong ties between Brazil and the
Arab region, which has ably resulted in heightened economic activity. The
strong preference placed by Arab countries in Brazilian beef can also be attributed
to Brazil’s strict adherence to the halal process and the equally strong
attention placed on the high quality Media
Advertising in Dubai
of the beef being exported and its related competitive pricing. We expect to
see a stronger trade partnership between Brazil and the Arab region and the
ABCC continues to remain steadfast in its commitment to facilitate and
introduce new trading opportunities to sustain the existing significant market
growth.”
In
terms of volume, Brazil exported 151.46 thousand tons of Brazilian beef Business
in Dubai to Arab
countries that led to 28.8% surge as compared to the last year that posted
117.63 thousand tons. The Brazilian beef exported to Egypt in this year over
the period January to May totaled to 59.75 tons followed by the UAE with 40.43
thousand tons and Saudi Arabia with 16.72 thousand tons.
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