Last month saw USD 7.25 billion worth of products shipped from Brazil.
Browsing: Agribusiness
The first two months of the year saw 281,600 60-kg bags shipped from Brazil to the region, with revenues climbing 8% to USD 33.7 million.
The 2019 harvest will be up 1% from last year’s according to the Brazilian Institute of Geography and Statistics (IBGE).
USD 526 million worth of product got shipped from Brazil, up 6.3% from February 2018, with added demand from Asian countries, notably China. Half of Brazil’s top ten destinations are Arab countries.
Brazilian minister of Agriculture made the statement this Thursday (28) when the new president of National Company of Supply took office.
Expectation of businesses generated during Gulfood for the next months is up to USD 920 million, according to ABIEC and ABPA.
Vibra Group was rewarded in the innovation category during the Gulfood Innovation Awards, in Dubai, in February 17.
According to IBGE’s forecast, the Brazilian grain crop should grow 1.9% in 2019. CONAB, however, indicates the grain production in the period 2018/2019 will reach 234.1 million tons.
Brazilian farms registered a production of 928.4 million dozen eggs in the fourth quarter of 2018, more than in the third quarter of last year and more than in the same period of 2017.
Brazilian mission departed last Sunday (10) with the participation of ABPA executive director Ricardo Santin. The Arab Brazilian Chamber will also have meetings in the Saudi capital.
A total of 3.28 million bags were shipped in January, generating a USD 439 million revenue.
A volume of 281,800 tons were shipped, 14.7% less than in the first month of 2018. Revenue-wise, sales declined 12.9%.
Companies interested in presenting agribusiness projects to attract funds may apply until the end of the month to participate in Brazil pavilion at the Annual Investment Meeting.
Minister of Agriculture will promote the participation of Brazilian companies in international fairs, such as the Annual Investment Meeting in Dubai.
