Egypt's Tariff Exemption to Benefit Brazilian Chicken, Says Industry Group

Egypt's Tariff Exemption to Benefit Brazilian Chicken, Says Industry Group

14 Oct, 2023

 

Egypt's Tariff Exemption to Benefit Brazilian Chicken, Says Industry Group

 

Egypt's recent decision to temporarily suspend tariffs on chicken imports is set to provide a significant advantage to Brazilian chicken exports to the North African market, as reported by the Brazilian chicken and pork processor group, ABPA.

This week, Egypt announced the suspension of a 30% tariff on whole chicken imports for a period of six months. According to ABPA, whole chickens constitute the primary poultry product that Brazil sells to Egypt.

The suspension of tariffs is expected to enhance the competitiveness of Brazilian whole chickens in the Egyptian market. This, in turn, will bolster Egypt's poultry supply, which has faced challenges due to issues such as bird flu outbreaks and increasing production costs. ABPA President Ricardo Santin noted that this move would have a positive impact on Brazilian chicken exports to Egypt.

Brazil is renowned as the world's largest exporter of whole chickens, and approximately 90% of Egypt's imported whole chickens originate from Brazilian sources. This tariff suspension aligns with Egypt's strategic approach to secure a steady and cost-effective poultry supply from a trusted international partner.

In another significant development, Brazil recently reached an agreement that allows its poultry producers to export chicken to Algeria. These trade agreements reaffirm Brazil's position as a leading player in the global poultry market and highlight the importance of international cooperation in maintaining a stable food supply.

 

 

 


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