Tariff reduction expected to boost pork trade with South Korea
The exemption is valid on a quota of 10,000 tons of frozen pork (except for the “belly” product) for Asian destinations. Before that, the tariff imposed was 25% on the total value of the product.
Currently, South Korea is the 16th main destination for Brazilian pork exports, with 3.7 thousand tons imported throughout the first quarter of this year.
"The establishment of an exemption quota is an important sign of progress in Brazilian pork exports to South Korea, which was achieved by the Ministry of Agriculture. This is especially true amid negotiations led by Minister Carlos Fávaro and his secretariats of International Relations and Agricultural Defense, for the recognition of Paraná, Rio Grande do Sul and other Brazilian states as free of foot-and-mouth disease without vaccination", explains ABPA president Ricardo Santin. Currently, only the state of Santa Catarina is authorized to send pork products to the South Korean market, as it is the only one with this recognized health status.
A country with per capita consumption of around 29 kilos, South Korea is the world's fourth largest importer of pork. In 2024, the country imported 785 thousand tons, according to data from the United States Department of Agriculture (USDA).
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