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.
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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.
Based in Baghdad, Royal Nuts has Brazilian nuts among its products, and the item is also included in the brand’s nut mix.
Beef, poultry, wheat, maize, and medicines are some of the products excluded from the decision of the Central Bank of Egypt to accept only letters of credit on imports.
Plant-based products can be seen in most booths at Gulfood 2022, signaling a consumer trend, along with healthier foods and sustainable packaging.
Mercedes-Benz Brazil exported 17 bus chassis to the Tunisian market. The vehicles will be used in urban transport.
Executives from the Arab Brazilian Chamber of Commerce and the Egyptian Food Export Council met during Gulfood in Dubai and discussed initiatives to increase food trade between Brazil and Egypt.
