Trade4go Summary
The Eurasian Economic Union (EAEU) has approved the import of bananas and nuts from Brazil, adding to the over USD 1.3 billion worth of agricultural exports Brazil made to the EAEU in 2024. Brazil also has authorization to export yerba mate and macadamia nuts to Saudi Arabia, which imported over USD 2.3 billion in Brazilian agricultural products in the same year. Additionally, Thailand has permitted Brazil to export fish flour and oil, increasing the trade opportunities between the two countries. These developments reflect Brazil's strategy to diversify its export portfolio and highlight the global trust in Brazil's sanitary and phytosanitary control systems, leading to 221 market openings and 299 new business opportunities since 2023.
Original content
The authorities of the Eurasian Economic Union (EAEU), an international organization comprised of Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, have authorized the import of bananas and nuts from Brazil. In 2024 alone, Brazil exported more than USD 1.3 billion in agricultural products to the EAEU. In addition, the national agribusiness will have new opportunities in Saudi Arabia, which has confirmed authorization for Brazil to export yerba mate and macadamia nuts. In 2024, the country's agricultural exports to the Saudi market exceeded US$ 2.3 billion. Recently, the government of Thailand, in turn, authorized Brazil to export fish flour and oil, products with high protein and energy value, with various industrial uses. Between January and November 2024, the country imported more than US$ 2.7 billion in agricultural products from Brazil. These negotiations reflect the Brazilian government's efforts to diversify its export portfolio and consolidate Brazil's ...