Morocco wants to export olive oil to Brazil

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A delegation made up of government authorities and business owners of the sector from the Arab country is in the city of São Paulo to promote the product and close deals with local importers. This Monday (16th) in the São Paulo state capital, they took part in a product presentation and tasting and in business matchmaking. The event had the support of the Arab Brazilian Chamber of Commerce.

“The olive and olive oil sectors are cornerstones of our economy. There were significant investments made by the private sector, with the government’s support, to have an important exportable supply”, said Abdellah Janati, general manager of the Autonomous Authority for the Control and Coordination of Exports (EACCE, in the French acronym), an agency linked to Morocco’s Ministry of Agriculture and Marine Fisheries.

Currently, Morocco is the world’s sixth largest olive oil exporter, with Spain leading the rank. Brazil, however, doesn’t import the Moroccan product. “The goal in the next five years is to plant 1.2 million hectares [of olive trees]. Currently, we already went beyond 1 million hectares. In 2020, we will produce 2.5 million tons of olives, which will take us to be among the world’s five largest olive producers”, said Janati.

The executive pointed out that Brazil is a large consumer of olives and olive oil, a fact that awakened the interest of Moroccan producers and exporters. “The goal of these meetings is to create a partnership. This partnership could even generate investments in Morocco in the form of partnerships made with the private operators”, he said.

According to Janati, Morocco already exported 34,000 tons of olive oil this year, while its own domestic market already consumed from 150,000 to 200,000 tons of the product in the period. In the olives exports ranking, Morocco currently shows in third place worldwide, with sales of 70,000 tons per year.

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