São Paulo – Registration is open until next Friday (06th) for companies interested in taking part in “Business Mission from Brazil to North Africa”, which will visit Egypt and Algeria on March 24th to 28th. The trip is organized by the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) and by the Arab Brazilian Chamber of Commerce.
In the first day in Algeria, the businessmen will meet with potential local buyers. In the next day, a business round is scheduled with clients from neighbors Morocco and Tunisia. In Egypt, Brazilians will meet with businessmen from the country and take part in technical visits to local supermarkets and companies.
According to Fernanda Baltazar, Arab Chamber’s international business executive, those participating in the mission musto come from the sectors of food and drinks, machinery and equipment, and house and construction.
“There’s a new scene in the North Africa countries. There’s a feeling of anticipation for investments that will boost the construction sector. The food sector is our flagship, however, there is space for us to expand the sales of manufactured products, besides commodities, a sector in which we’re already strong. The sector of agricultural machines is also opportune because Algeria and Egypt want to invest in agriculture and expand the farmed are to reduce their food imports in the next few years”, said Fernanda.
In 2013 and 2014, Egypt and Algeria were, respectively, the third and fourth largest importers of Brazilian products among Arab countries. Among African nations, Egypt is Brazil’s biggest buyer and Algeria comes in fourth.
In 2014, Brazil exported the amount of US$ 2.3 billion to Egypt, 5.1% more than the total exported in 2013. The main products sold were meat, sugar, maize, iron ore and agricultural machinery. To Algeria, shipments reached US$ 1.1 billion, a drop of 3.9% over 2013. Sugar, maize, meat, soybean oil and agricultural machinery topped the list of shipments. Brazil has an historic deficit in its trade with Algeria due to oil imports by the African nation.
More information:
Apex-Brasil
Customer Relations Management
Phone: (61) 3426-0202
E-mail: apexbrasil@apexbrasil.com.br
*Translated by Sérgio Kakitani
