Brazil has secured new agricultural market access in South Korea for sesame seeds and in Guatemala for gelatin and collagen. This strengthens trade relations, with South Korean imports of Brazilian products reaching over USD 2.85 billion in 2024, while Guatemala is set to benefit from Brazilian food and pharmaceutical ingredients. These developments reflect Brazil’s commitment to diversifying and expanding its agricultural exports globally.
The Brazilian government has successfully expanded its agricultural market access by securing approvals from South Korea and Guatemala for the importation of additional products. In South Korea, Brazilian sesame seeds are now authorized for import, reinforcing Brazil’s significant trade relationship that saw imports exceeding USD 2.85 billion in 2024, notably in grains, meat, and oilseeds. This advancement solidifies Brazil’s presence in South Korea, enhancing its export diversification strategy.
Simultaneously, Guatemala’s sanitary authorities confirmed that Brazilian exporters of gelatin and collagen comply with the country’s regulatory standards. This development strengthens Brazil’s trade collaboration with Guatemala, opening avenues for its food and pharmaceutical ingredient sectors. In 2024, Brazil’s agricultural exports to Guatemala amounted to USD 248.9 million, dominated by forestry products, grains, and oilseeds.
This latest progress marks a total of 317 new market access opportunities achieved by Brazilian agribusiness since 2023. These successful negotiations further diversify Brazil’s exports, solidifying its status as a global leader in food and agricultural supply. The achievements are attributed to the coordinated efforts of both the Ministry of Agriculture and Livestock and the Ministry of Foreign Affairs.
The Brazilian agricultural export sector plays a pivotal role in the country’s economy, with significant trade relations established globally. In recent years, Brazil has emphasized diversifying its agricultural export opportunities to reduce reliance on traditional markets. The successful negotiations with South Korea and Guatemala reflect the government’s commitment to enhancing Brazil’s global agricultural footprint and facilitating increased trade partnerships.
In conclusion, Brazil’s recent approvals for new agricultural market access in South Korea and Guatemala signify a pivotal expansion of its trade opportunities. The authorizations for sesame seeds in South Korea and gelatin and collagen in Guatemala not only enhance bilateral trade but also reinforce Brazil’s position as a critical player in the global agricultural market. These initiatives exemplify the effectiveness of collaborative efforts between Brazilian government ministries in promoting agribusiness growth.
Original Source: www.gov.br
