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Government plans to protect 300 open markets for Brazilian agribusiness by the end of the year

Written by Eliel Albino
Published 10/10/2024 às 23:13
Updated 11/10/2024 às 10:23
Government expects to have more than 300 markets open to Brazilian agribusiness by the end of the year
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Brazil is betting on more international markets to expand agribusiness exports and rural economic transfers

Hold on to your straw hats, because agribusiness Brazil is on a roll and is going further than ever! The government is already aiming for an impressive 300 international markets open to our products by the end of the year. We are talking about a real boom in exports, with meat, grains and even Brazilian wine and olive oil gaining more and more space abroad.

The new Secretary of Commerce and International Relations of the Ministry of Agriculture, Louis Street , stated today that the goal of opening and surpassing 300 markets is completely feasible, since Brazil has opened 253 markets since last year. “The order is clear: open more doors and sell more!” We commented on this, detailing that the strategy involves everything from market giants to regional niches that have not yet been fully explored.

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Global expansion and diversification

The growth of Brazilian exports of products outside of traditional commodities such as soy and meat is already a reality. According to Rua, trade in lesser-known products has grown 18,5% in September, a victory for the agribusiness which now embraces new production chains. “It’s like hunting opportunities around the globe,” jokes the secretary, explaining that the objective is to also have an impact on regional segments.

Among the new market destinations, Japan, South Korea and Türkiye are on the radar, especially for beef, although he admits that negotiations for this type of product are complex and take time. “Beef is like a long, slow dance, but we are confident we can achieve a partnership,” said Rua, when commenting on the process with the Japanese.

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International missions and future projections

In search of these new opportunities, Rua has a busy schedule ahead of him. The secretary is already preparing a mission to Japan, in addition to visiting France and other countries such as Argentina and Thailand. The visit to Japan will be strategic, not only for beef, but also for possible authorizations to export beef and pork offal to China.

And 2025 is already on the horizon as a promising year. Rua stated that with the recovery of the soybean and corn harvest, heavily impacted by the drought in 2024, the expectation is for a record harvest , which should further increase exports of traditional agricultural products.

Brazil tops agricultural exports

From January to September this year, the agribusiness Brazil has already generated US$ 125,9 billion in exports, remaining practically stable compared to the previous year, with a drop of 0,2%. The government is betting that, with the new markets opened, the scenario will improve even more next year, especially with products that were previously only produced in the northern hemisphere, such as olive oil and wine.

Meanwhile, the agribusiness It continues to be one of the great drivers of the Brazilian economy, generating employment and income, not only in large cities, but mainly in the interior of the country, where each new market opening represents new opportunities for rural producers.

Have you ever thought about trying a Brazilian wine in Japan? Or perhaps an olive oil from our homeland conquering the world? Leave your comment!

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Eliel Albino

SEO writer specializing in oil and gas, technology, and topics such as politics, jobs, economics and courses. Graduated 6 years ago in Management Processes, Marketing and Advertising from Esucri University, in Santa Catarina... Send topic suggestions to elielalbino4@gmail.com

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