With the market opening for peanut exports to China, Brazil has closed 43 new export deals for trading agricultural products by September this year. Since 2019, Brazil has seen 229 market openings in 54 different countries. The market openings allow for the diversification of export possibilities for Brazilian producers, reducing the concentration of the export agenda both in products and destinations. Market openings are the result of bilateral contracts that culminate in the agreement of the health parameters and the corresponding sanitary, phytosanitary, or veterinary certificate, to be accepted by the importing country.
Source: DATAGRO (*Translated by Ia Niani)