Brazilian agribusiness conquers 11 new markets in 2024 and reaches historic milestone

02/26/2024

Brazilian farmers are reaching new markets in 2024. The Indian and Singaporean health agencies have granted new permits for our products. India has opened its market for açaí powder, while Singapore is now allowed to buy our beef and sheep meat products. As a result, Brazil has reached the historic mark of 89 new markets opened since 2023.

In 2023, India had already allowed the entry of Brazilian açaí juice into its territory, a new milestone, since traditionally açaí is exported in the form of puree, with Brazil leading the fruit’s production and export.

Last year, exports of pureed açaí reached US$ 314,744, with 79 tons exported. This means a 41% increase compared to 2022, when Brazil exported 48 tons of the product. The United States is currently the main açaí importer.

On the other hand, last year, the sheep meat market yielded almost US$ 969,720 in exports from Brazil. Singapore, for instance, imported the equivalent of US$ 26 million worth of frozen boneless lamb cuts from other countries, mostly from Australia.

The new open market is supported by the recent pre-listing agreement signed between the Brazilian Ministry of Agriculture and Livestock (MAPA) and the Singapore Food Agency (SFA), which allows Brazilian officials to be in charge of qualifying slaughterhouses for export, showing the trust of the other country’s government in the Brazilian health system’s quality.

Last year, India imported US$ 2,909,893,508 worth of agricultural products from Brazil, while Singapore imported US$ 675,085,524. By entering these new markets, Brazilian agribusiness achieved its 11th expansion in international trade this year.

Since the beginning of 2024, new markets have been opened for exports in seven countries, including bovine embryos and semen to Botswana; gelatin and collagen to the United States; tilapia fry and animal recycling products to the Philippines; live cattle, bovine embryos (in vitro and in vivo) and bovine semen to Pakistan; and breeding animals to Mexico. In 2023, Brazil reached the historic milestone of 78 new markets in 39 countries.

Source: The Brazilian Ministry of Agriculture and Livestock