Brazilian exports to the Arab world reached US$ 1.76 billion between January and May this year. In May alone, revenues totalled US$ 424 million. This value means growth of 51.5% over the same month in 2004. The percentages are already well above the 12% to 13% forecasted by the CCAB at the beginning of the year.
Author: Mark Ament
The Cooperfrigu cooperative, from the northern Brazilian state of Tocantins, works with 1,600 farmers and slaughters the animals exported to the Arab countries following the Islamic regulations. The monthly production at the cooperative is 3,000 tonnes of beef, apart from 750 tonnes of leather and fat derivatives. Cooperfrigu also sells to countries in Asia, Latin America and South Africa.
Yesterday, Abdelaziz Bouteflika officially opened the 38th edition of Algiers International Fair. He commented on the increase in the area of the Brazilian stand this year and on the greater number of Brazilian companies. This year, nine companies are present. The show will be opened to the public today (03) and will go on up to Thursday (09).
The country had revenues of US$ 825 million with foreign sales of sugar in bulk between January and May this year. Refined sugar exports rose 48.2%. Behind these figures is the anticipation of the sugarcane harvest, the increase in the demand for the product in China and the WTO decision that was favourable to Brazil, against European Union subsidies.
The fair, turned to the medical, hospital and dentistry equipment and products ended today (02) in Saudi Arabia. Brazilian company Hospimetal presented a hospital bed at the fair.
Company Amsted Maxion has been exporting railway parts to the Arab country for the last ten years. The wheels are made of cast iron and resist to the desert environment of the Sahara. The company also produces railway cars. This year they should produce around 6,000 units.
This forecast is by the new president of the Iron and Steel Sector Association, Luis André Rico Vicente. With the investments, the industrial capacity should rise from 34 million tonnes per year to 50 million in the next five years.
The country had revenues of US$ 43.4 billion with foreign sales between January and May this year, against US$ 33.9 billion in the same period last year. Brazilian exporters are making an effort to continue supplying to their markets outside the country despite unfavourable exchange rates.
