Brazil

Brazil eyes South Korea for pork exports

Pork

The Asian country just introduced a 50,000 tonnes quota without imports tariffs to stabilize the domestic meat market.

Posted on Jun 07 ,10:22

South Korea announced a new measure to secure the necessary volumes of pork in the domestic market. According to an announcement made by the South Korean government a quota of 50,000 tonnes without import tariffs will be released this month for all suppliers with plants authorized to export to the South Korean market. That gives an important advantage to big players such as the US, Brazil, or Spain. According to the president of the Brazilian Association of Animal Protein (ABPA), Ricardo Santin, the measure could have a positive impact on pork shipments from Brazil to the Asian country.
“Given the international context and the growing Brazilian presence in the Asian country, especially after the image and promotion activities carried out last year by ABPA together with ApexBrasil and the Brazilian Embassy in Seoul, it is expected that Brazilian exports will be influenced by this opportunity open to qualified exporters. The quota is an opportunity to generate important foreign exchange for the productive sector, which is currently facing great difficulties”, analyzes Santin.
Between January and April, South Korea imported 2,600 tonnes of Brazilian pork, up 85% from the same period last year. Currently, only producing units in the state of Santa Catarina (which until recently was the only federative unit recognized as free of foot-and-mouth disease without vaccination) are authorized to ship pork to the Asian country. It is expected that soon states such as Parana and Rio Grande do Sul will also be recognized by the South Korean authorities, following the recognition of these states as free of foot-and-mouth disease without vaccination by the World Organization for Animal Health (OIE).

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