Value of exports from the Arab countries to the Brazilian market stepped up 134% in January, driven by the mineral fuel prices.
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Rachid Bladehane is on a business trip to São Paulo and visited the Arab Brazilian Chamber headquarters. Heading the Embassy since November, the diplomat hopes to expand trade, political and social relations between the countries.
Saudi Arabia has pursued a strategy to get its dates into more international markets and boost exports. Brazil is one of the target markets.
Brazilian company JCF Embalagens will ship types of packaging in short supply in the domestic market from the two Arab countries. Products are expected to start arriving in May.
In the event organized by ApexBrasil in Dubai, Brazilian executives showed projects in sustainability and technology. The Arab Brazilian Chamber provided support to the event.
The country is the world’s fourth-largest producer of this farmed fish, and the sector is experiencing a turning point, with an increase in exports and prospects for an even higher growth in shipments.
The Arab Brazilian Chamber of Commerce and the Arab Union of Customs Executives discussed signing a memorandum of understanding aimed at removing customs barriers that could hinder Brazil-Arab trade.
The institution issued an initiative to guarantee import operations through covering risks associated with issuing letters of credit.
The country has invested in youth training and programs for startups. Executives encourage greater participation by women, especially in remote jobs that grew after the pandemic.
The companies that participated in the show in Dubai through a partnership between ABPA and ApexBrasil made sales of USD 50 million in loco and are expected to make exports at an even higher value over the next twelve months.
The country is the world’s second largest black pepper supplier and has boosted its sales to Arab countries above the average.
Financial turnover in the fisheries sector in Morocco amounted to USD 1.5 billion last year, a record figure, according to the kingdom’s government.
The International Monetary Fund report estimates a 2.2% growth in the United Arab Emirates in 2021 and 3.5% in 2022. The organization defends prompt measures to contain the spread of COVID-19 and economic support leveraged the improvement.
According to the secretary-general of the Arab Brazilian Chamber, Tamer Mansour, the 2022 edition was one of the best and could surpass the results of the last five years.
