CNA assesses the future of agricultural exports between Brazil and China

CNA avalia futuro das exportações agrícolas entre Brasil e China
Image: Pixabay

The director of International Relations at the Brazilian Agriculture and Livestock Confederation (CNA), Sueme Mori, participated in a webinar by the Brazil-China Business Council (CEBC), this Tuesday (5), to debate the future of exports to the Asian country.

The president of CEBC, ambassador, Luiz Augusto de Castro Neves, opened the online event, which was attended by Vale's head of External Relations, Gustavo Biscassi, and the general manager of Asia and the Pacific at ApexBrasil, Rodrigo Gedeon. CEBC's Director of Content and Research, Tulio Cariello, was the moderator of the debate.

Brazilian exports to China reached a fourth consecutive record in 2023, reaching US$ 104 billion, the highest value sold by Brazil to a single country in history. Given this scenario, the panelists discussed the prospects for increasing business in the Chinese market and the challenges for the coming years.

In a CEBC webinar, panelists debate the future of exports to the Asian country. Sueme Mori emphasized the need to export commodities to China and diversify the agricultural sector in the face of growing global demand for food.

“The Chinese government knows that, even if they increase domestic production, they will not be able to achieve self-sufficiency. So, we have to take advantage of the space in this market to also export products such as coffee, honey, fruits”.

Brazil solidifies leadership in Asian agriculture

Sueme predicts that China, with population and income growth, will remain the main market for Brazilian food. Mori attributed the increase in Brazil-China corn exports to crop failures in the US and Argentina, and the Russia-Ukraine war, which affected global supply.

“Exports of corn of the USA falls to US$ 1.7 billion in 2023, Brazil takes the lead due to the record harvest. A combination of factors made corn stand out last year,” he stated.

Director of the CNA highlights Brazil as a major supplier of meat to China, but the drop in international prices worries the sector.

In 2021, pork exports grew. China expects a drop in pork and chicken imports, but an increase in beef imports, due to urbanization and rising incomes.

Source: datagro

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