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Opening of Chinese Market to Boost Brazil's Exports

by 5m Editor
1 June 2009, at 9:02am

BRAZIL - Following Chinese approval of 22 slaughterhouses, it has been predicted that Brazil's chicken exports could grow by 10 per cent.

Brazil-Arab News Agency, ANBA, reports that China has disclosed a list of 22 slaughterhouses in Brazil that are authorised to sell to China. As a result, foreign sales of chicken meat should rise by five per cent this year and by 10 per cent in 2010.

The Brazilian minister of Agriculture, Reinhold Stephanes, said on 28 May that the opening of the Chinese market to imports of Brazilian chicken meat should lead to a considerable rise in exports from the sector.

"The opening of this market should generate an increase of approximately five per cent in our exports this year, and possibly one of 10 per cent next year, which is very good news."

"China is a market of nearly US$ 1 billion per year," said the secretary of Foreign Relations for Agribusiness, Célio Porto, in a release issued by the Ministry of Agriculture, referring to the potential for trade between the two countries.

In 2008, the country exported approximately 3.4 million tonnes of chicken meat. The sales generated revenues of US$ 6.3 billion for the Brazilian agribusiness sector. This year, up until the beginning of May, 1.1 million tonnes of chicken meat were exported, totalling US$ 1.5 billion.