A day in Vigo reveals the potential of the halal market

Promoted by ICEX, the Port Authority of Vigo, AVCO Legal and the Halal Institute

The commercial potential of this market is estimated at two billion dollars.


La muslim population It reaches 1.600 billion people worldwide, 60% of whom are under 30 years of age. This data implies that the consumption of halal products, that is, those permitted by the Muslim religion, is expected to grow and be sustained over time. The commercial potential of this market is estimated at two billion dollars.

 

To publicize the opportunities offered by Halal markets at Galician companies A day has been held in Vigo, promoted by the Territorial Directorate of Commerce and ICEX in Galicia, the Port Authority of Vigo, the AVCO Legal firm and the Halal Institute.

 

During the course of the day, videoconferences were held with the Spanish commercial offices in Indonesia and Malaysia, a country that, precisely, is a reference in regulatory issues in the halal market. In Spain These certifications are handled by the Halal Institute, based in Cordoba, whose representative has reported on the process of obtaining this distinction, which can be requested for any type of product, not only food, but also cosmetics, pharmaceuticals or even services. “Halal certification, the degree of complexity varies depending on the sector of activity, the type of product, the industry that carries it out. It is a relatively simple process to the extent that the companies we work with have quality certifications, which enables these companies to implement this certification more easily,” he noted. Muhammad Escudero, director of the Certification Department of the Halal Institute, based in Cordoba.

 

The person who is evaluating the possibility of obtaining the halal certificate is the Port of Vigo, just as the one from Algeciras. Its geostrategic location, the goods it moves or the connectivity with muslim countries They make him a strong candidate. “First of all, its geostrategic location, which makes it good distances from halal destinations and origins of halal products, but above all we are dedicated to general merchandise, a good part of which is frozen fish, canned goods, and products. And that along with the great connectivity that the Port of Vigo", which has 90 regular lines, of which 12 container lines and 6 road traffic lines are in direct contact with Muslim countries, makes us a reliable and solid candidate to obtain halal certification for the port," he explained. Lola Rois, Head of Operations at the Port of Vigo.

 

The experience of a company was also presented at the event, Selected Preserves from Galicia, which has already taken the step of certifying its products, in particular canned fish, highly demanded by Muslim consumers. “Halal certification is also a quality certificate. “Consumers and distributors are asking that products carry the halal brand,” he highlighted. Aurora Alonso, responsible for Quality Assurance at the cannery. 

Coexia®

AI in the foreign trade

Hi! I'm Coexia. How can I help you today with your internationalization strategy?
Coexia IA