Brazil is betting on fortifying trade relations with Morocco and opening national markets to Brazilian products, according to a statement from Brazil’s Ministry of Agriculture and Animal Resources.
It mentioned “progress in negotiations between the two sides regarding Morocco opening its markets to Brazilian agricultural products, including dairy products, honey, beekeeping products, and others,”
The statement also highlighted that officials from both countries discussed the cancellation of customs duties imposed by Rabat on some products from Brazil,” as the Kingdom applies tariffs of up to 200% on Brazilian frozen beef and 100% regarding fresh chicken meat.”
Brazil’s Ministry of Agriculture and Animal Resources emphasized the signing of an agreement to supply Moroccan phosphates, stating that “Morocco is among fifty countries that have opened their markets to Brazil in the past 16 months, allowing the export of pet food.”
It added that the Kingdom was also “the fourth major destination for Brazilian exports to the African continent, with a total of $1.23 billion last year, while the current value of bilateral trade between the two countries reached $2.65 billion.”
The latest data from the Brazilian Beef Exporters Association (ABIEC) on meat exports unveiled that “Morocco imported more than 2,800 tons of beef in 2023, compared to only 63 tons in 2022.”
The Brazilian-Arab Chamber of Commerce previously quoted Ellen Elizabeth Lorendo, the agricultural attaché at the Brazilian Embassy in Morocco, as affirming that her country’s participation in the Meknes exhibition would constitute “a unique opportunity to showcase the strength of Brazilian agriculture and enhance Brazil’s image and maintain it as a reliable partner for a group of countries at this level.”
For context, over 90% of Brazilian exports to Morocco in 2023 comprised “raw sugar, corn, dried black pepper, crude soybean oil, frozen beef, as well as cattle and unroasted coffee,” added the same source.
Phosphate fertilizers, on the other hand, “topped the list of imported products from Morocco with more than a billion dollars, followed by frozen sardines with more than 24 million dollars.”
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