The Animal and Plant Quarantine Agency of South Korea (APQA) announced, last Wednesday, the authorisation of nine new Brazilian plants to export meat to its market. These new authorised plants had already fulfilled the previous authorisation stage before the Ministry of Food and Drug Safety (MFDS) of South Korea. Therefore, they are ready to start meat exports to South Korea.
These authorised plants join the four plants that already had the authorisation to export to South Korea. Of the nine plants just authorised, nine produce pork and four fowl.
South Korea imports almost USD1,500 million/year worth of pork. Bearing in mind the 9% share of Brazilian pork in the global market, it is estimated that the potential of the South Korean market with the new authorised plants is USD198 million.
Thursday, February 28th, 2019/ MAPA/ Brazil.