This positive trend extended into 2024, with a 28% jump in exports in January compared to the same month in 2023.
Brazil, a key player in the global beef market, has successfully accessed markets in the United States, Canada, Mexico, and Russia.
Yet, it now seeks to expand into demanding Asian markets, specifically South Korea and Japan.
These nations are known for their strict quality standards, particularly South Korea‘s requirement for beef from regions free of foot-and-mouth disease without vaccination.
South Korean delegation visit to Brazilian states signals MAPA-led negotiations progress, hinting at future market access.
Gaining entry into the Japanese and South Korean markets is crucial for enhancing Brazil‘s reputation for beef quality.
These markets offer not only potential for high-volume sales but also serve as endorsements of Brazilian beef’s premium quality.
Moreover, Brazil’s live cattle exports are on the rise, with the country poised to become one of the top global exporters.
Middle Eastern markets (Vietnam, Turkey, Egypt, Iraq) favor live cattle, shaping Brazil’s export strategy based on cultural preferences.