By Pedro Mendes — Brazil Sector Manager — Food & Drink and Agri-Tech
As you may be aware by now, Brazil and UK have a long history of trade synergies and partnerships. I am very happy to announce that both countries have gotten even closer due to improved markets access in the agri-tech sector.
Before I do that, I want to let you know the role played by the Department for International Trade (DIT) team. The UK Government has worked very closely with Brazilian agriculture authorities to simplify applications to the Brazilian market. This resulted in a streamlined process that reduces red tape for UK companies to export to Brazil.
We have secured a 60% reduction in the volume of application forms between the countries which translates in saving time — and money! UK expertise might play a bigger role in supporting the leadership of one of the world’s largest producers of the sector. Just to give you an idea of how huge is the opportunity, the Brazilian Association of Animal Protein forecasted a growth of 5.5% in the country’s chicken meat production for 2021, totaling 14.5 million tons. The same Association holds that in 2019 the Brazilian chicken meat exports were around US$ 7 billion.
And the part played by UK companies has been growing over the last couple of years. According to HMRC* in 2020 the exports of eggs to Brazil (£823,732) were 17% higher than in 2019 (£703,299).
Our team can help your company to understand the opportunities, market and get to know the stakeholders. Agri-tech opportunities are the real deal between Brazil and UK. Contact the DIT LATAC team and discover how to start the conversation.
* HMRC Trade in Goods, February 2021. HS4 Code 0407.