Brazilian Agribusiness Expands: Opening a New Export Market Every Four Days in 2024

The first four months of 2024 marked a historic milestone for Brazilian agribusiness, with an unprecedented surge in international market access. From January to April, Brazil established 31 new opportunities for exporting agricultural products to 19 different countries.

March was the busiest month, with Brazil gaining access to ten new markets in seven different countries. January was also strong, bringing in nine new markets across five countries. February and April were solid too, adding seven and five new markets, spanning six and three countries, respectively. This beats the previous record of 27 market expansions in 15 countries during the same four months in 2021.

Under the leadership of Minister Carlos Fávaro at the Ministry of Agriculture and Livestock (Mapa), and since the beginning of President Lula’s third term in 2023, Brazil has successfully opened 109 new export markets spanning 50 countries, covering all continents.

Minister Fávaro attributes this success to Brazil’s restored credibility with global partners and the diligent efforts of the technical team. He emphasizes that these expanded opportunities not only benefit agribusiness but also contribute to job creation across various sectors of the economy.

The breadth of new market openings extends beyond traditional exports like meat and soy, encompassing a diverse array of agricultural products. This includes fish, seeds, gelatin, collagen, eggs, animal by-products, açaí powder, green coffee, embryos, and semen, reflecting Brazil’s broad agricultural prowess and market potential.

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