From the Newsroom*
São Paulo – Brazilian agribusiness exports to the Arab countries generated US$ 683.9 million in the first quarter of this year, a 5.6% increase in comparison to the same period in 2004, when shipping totalled US$ 647.7 million. The value is equivalent to over 76% of total Brazilian exports to the region.
According to information supplied today (12) by the Ministry of Agriculture, Saudi Arabia was the main destination for Brazilian agricultural products among the countries in the region, followed by Egypt, the United Arab Emirates, Algeria, Morocco and Yemen.
In the month of March alone, there was an 11.2% reduction in exports to the Arab world, US$ 269.3 million in March 2004 to US$ 239 million in the same month this year. The main destinations were, in this order, Saudi Arabia, the United Arab Emirates, Egypt, Algeria, Morocco and Yemen.
*Translated by Mark Ament
