According to the Ministry of Agriculture, sector exports to the region, which comprises Arab countries, increased in April and reached US$ 593.6 million. Sales to the Middle East have also risen.
Browsing: Agribusiness
The world’s leading processor of animal protein, the Brazilian group exported US$ 389 million to the two regions in the first quarter, i.e. 16% of its total foreign sales.
Brazilian grain production this year should total 158.7 million tonnes, a 6% increase over last year, according to the Brazilian Institute of Geography and Statistics.
Cancellation of the import tax, scheduled to end in May, has been extended to June 30th. The textile sector continues suffering with crop problems.
The agribusiness fair held last week in Ribeirão Preto was visited by 870 foreigners, mostly from Venezuela, Argentina and the United States.
The Brazilian state-run company intends to raise its share in the sector from 5% to 15%, de according to the minister of Mines and Energy, Edison Lobão.
Brazilian Coffee Exporter Council (Cecafé) claims that the result in April was the best of the last 12 months.
Microlots are made with grains cultivated in special conditions. Grater quality attracts foreign buyers, including those in the United Arab Emirates.
The assessment was made by the chairman of the Brazilian Rural Society and the International Fair of Agricultural Technology in Action (Agrishow), Cesário Ramalho. The fair starts this Monday.
Sales of fertilizers from Arab countries to Brazil rose US$ 94.7 million in the quarter. The expansion came mainly from Morocco. Tunisia, a traditional supplier, did not export.
Commodity is more expensive due to increased demand. In Brazil, domestic consumption is projected to grow. Overseas, the United States have their lowest inventory in 15 years.
Arab Brazilian Chamber representatives who attended the Healthcare medical products fair, in Damascus, have also had meetings with entrepreneurial associations and government organizations.
Agribusiness sales totalled US$ 325.6 million in the first quarter, according to the Ministry of Agriculture and Environment. The country wants to increase sales and reduce imports.
Brazilian agribusiness has failed to earn the amount since August 2010, as the Federal Attorney’s Office issued a ruling restricting the purchase of properties by foreign capital.
