The sector’s exports to the two Arab destinations declined more than 20% from January to July this year over the same months in 2015, according to data from the sector’s association Abicalçados.
Author: From the Newsroom
The men’s soccer Olympic team was beat by Honduras. Iraq also played and drew a tie with Denmark.
An international index measured by the FAO eased in July after increasing for five back-to-back months.
Foreign sales revenues reached USD 940 million, 24.6% higher than in July 2015. Sales to Arab countries came out to USD 11.65 million, an 86% increase.
A doctorate degree holder and a specialist in International Relations, he will discuss the challenges and opportunities facing Brazil in the global scenario, on August 9 in São Paulo.
The region, which had accounted for 17% of the Brazilian company’s exports in H1 2015, was the target of 21% of sales in H1 2016. Iraq, Iran, Palestine and the UAE all stepped up their purchases.
Volume and revenues, however, went down in July in comparison to the same period in 2015, according to data released by the sector’s association.
Brazil produced 3.21 million barrels of oil equivalent per day in June, with 2.558 million of oil barrels and 103.5 million of cubic meters of natural gas.
Brazilian exports outweighed imports by USD 4.578 billion during the month. Year-to-date, the surplus was USD 28.23 billion, an all-time high for the period.
The Brazilian auto industry’s premier event will run from November 10 to 20 in São Paulo.
A multilateral initiative will provide USD 340 million to support refugees and their host communities in both countries.
For the World Bank, Brazil should seek fiscal adjustment with an increase in the contribution period and reduction in subsidies for companies, as to avoid impact on low-income population.
The Brazilian printing industry grossed USD 78.3 million with the external market in Q2 of this year. Jordan was the leading buyer of printed cards.
The Trade Facilitation Agreement will enter into force when two thirds of the World Trade Organization member countries have formally accepted it. Over 80% of those two thirds have been reached.
