Brazil shipped 37.4 million bags year-to-date through November. Arab countries imported 12% more.
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Last month saw USD 8.21 million worth of product shipped from Brazil last month. Meats led the way, with sales also increasing for maize, cotton, and orange juice.
Associations entered into a memorandum of understanding to seal their partnership and tandem actions. Document was signed during a seminar organized to discuss, with companies, actions in the wake of Jair Bolsonaro’s tour to Arab countries last October.
The Arab Chamber stand at the trade show in Cairo received over seventy connections in the first day. Grain company Popcorn and Rauscher Commodities Traders have participated in it.
The country’s budget announced this Monday predicts a revenue of USD 222 billion and a deficit of USD 50 billion.
Year-to-date through November, exports of the product significantly climbed in volume.
Last November, the ton of beef from Brazil was sold for 21.6% more than a year ago. Specialists explain how sales to the Chinese may impact other markets, such as the Arabs.
The Saudi Arabian state-run oil company’s initial public offering outdid that of China’s Alibaba. At an estimated market value of USD 1.7 trillion, Aramco is worth more than Apple.
Revenue in the month reached USD 537.5 million. Exports grossed 321,900 tons, up 3.1% from a year ago.
Year-to-date through November saw 2.53 million units sold, up 8.3% year-on-year, while foreign sales slid by 33.2%.
The Brazilian industry association sees a rebound in output in 2020.
The funds will go into pest control modernization and restructuring of animal and plant health services over the next five years, with most of the cash coming from the IDB.
The Arab Brazilian Chamber and defense industry association Abimde are hosting a seminar next Tuesday (10) in São Paulo to discuss, with companies and other entities, how to take advantage of the doors that have been opened by the president’s trip to Arab countries in October.
The 2nd edition of the food and beverage trade show will run in February in São Paulo and already has 56% more companies registered. Agreement with Apex-Brasil will promote the sector’s exports. Arab Chamber will participate.

