Egypt’s exports to Brazil increased, reaching $650 million in 2022

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Cairo – Mubasher: Nashwa Bakr, Minister Plenipotentiary and Head of the Commercial Office of Egypt in Sao Paulo, said that the intra-trade with Brazil witnessed a jump after the activation of the free trade agreement between Egypt and the Mercure Union (Uruguay-Brazil-Paraguay-Argentina) by more than 500%.

This came during a symposium organized by the Agricultural Export Council under the title (Promoting our agricultural exports and identifying available opportunities in the Brazilian market), which is being implemented in cooperation with the Commercial Representation Office in Brazil.

She added that Egyptian exports recorded a 20% increase over the past year, to record $650 million, compared to about $541 million in 2021.

Bakr pointed out that there are some types of Egyptian agricultural crops that enter the Brazilian market, represented by citrus fruits (oranges, mandarins, grapes, garlic, and dates).

She explained that Egypt is the largest exporter of oranges to the Brazilian market, accounting for 39% of the volume of its imports, at a value of $7.3 million in 2022, compared to $2.6 million in 2021.

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In the same context, Bakr indicated that Egypt, despite its recent entry into the export of mandarins (tangerines) to the Brazilian market, occupied fourth place in terms of exporting countries in 2021/2022, with a value of $326,123 thousand, accounting for 5% of total imports.

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Bakr pointed out that Egypt entered the export of dates and grapes to the Brazilian market last year and was able to rank fourth in the list of the largest countries exporting dates to Brazil at a value of $76,876,000. It also succeeded in exporting 93,709,000 tons of grapes.

Bakr invited Egyptian agricultural companies to participate in an exhibition APAS The Brazilian, which is the largest international exhibition for supermarkets and is held annually in May, and a large number of exhibitors from different countries of the world participate in it, pointing out that the office received requests from about 40 companies from the food industry to participate in the new session compared to about 13 companies in the previous session.

It also demanded that Egyptian companies increase interest in promoting their products through expanding promotional missions and trade weeks.

As for the main obstacles that limit entry to the Brazilian market, Bakr said that it is represented in the absence of shipping lines or regular flights, which increases transportation costs, in addition to the long period of registration of fresh agricultural crops, which may extend to years.

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