In all, export revenues to the region have totalled US$ 1.136 billion this year. The largest increases were observed in sales to Egypt, Morocco, Algeria, Syria, Tunisia, and Libya. In the agricultural sector, 76.8% growth in sales to Africa was fuelled by business with the Arabs.
Browsing: Economy
Export revenues reached US$ 243.8 million, against 137.4 million in the same period in 2003.
Agência Brasil Brasília – Agribusiness sector exports rose 16% in April, compared to the same period last year. The sector trade surplus reached US$ 2.4 billion for the month, an increase of 20% over April 2003. From January to April this year, the sector exported a total of goods worth US$ 10.6 billion, an increase
Florense, for example, wants to expand sales to the Middle East. Saccaro, in turn, is investing in technology to increase productivity and export. Both companies have their own international stores.
The largest grain complex in the United Arab Emirates is in the final phases and should be in operation up to the end of June 2004.
Africa doubled export to Brazil in April, mainly pushed by oil sales by countries such as Nigeria and Algeria. The Arab country increased sales from US$ 171 million in the first quarter of 2003 to US$ 417.9 million in the same period this year – the increase was 144%.
Egypt, Morocco, and Algeria were the countries most responsible for the 60.4% increase in Brazilian export to Africa in the first four months of the year. For the Middle Eastern countries, the increase was 14%, whereas to the United States, for example, there was a 3.3% drop in sales of Brazilian products in the period.
This figure is the result of export of US$ 26.038 billion up to April, and import of US$ 17.912 billion.
The first shipping of 90 Saveiro pick-ups to the capital of the United Arab Emirates will take place either today, or tomorrow. The company believes that the market may grow.
In all, the company has sold more than 900 aircraft to the US market in the period.
The work of prospecting international markets interested in purchasing roasted and ground coffee, with greater added value, has already started. Probable importers are the United States, and countries in Europe and the Middle East.
The company, which currently has Arab, English, and Indian capital, operated strongly in Brazil up to 1959. Now the idea is to license the brand without administering assets. Operations began with a third party service lubricant factory near Bauru, in the countryside of São Paulo.
Agência Brasil Brasília – Brazil will be one of the countries to run a pilot project trying out new rules for calculating a primary surplus (which does not take into consideration interest payments). The idea is to permit developing nations to exclude spending on infrastructure in the calculation of the primary surplus, an important International
