Central Bank of Brazil’s Economic Activity Index shows an increase in the Brazilian economy in May, after four months straight in a downward curve.
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A Brazilian entrepreneur has a plan to offer guidance to businesses in exporting and promoting typically Brazilian jewelry, fashion and art.
The 2019 economic growth forecast from Brazil’s Ministry of Economy narrowed from 1.6% to 0.8%.
Deficit rose to USD 3.87 billion, up 6.8% from a year ago. Exports increased by just 0.5%, while imports increased by 4%.
Most of the 15 states and regions in Brazil tracked by IBGE saw a decline in industrial output from April to May.
The first half of the year saw 51,000 tons of product shipped. Sales to Arab countries as a whole also climbed.
The organization estimates that the volume will grow by 1.14 million barrels per day from 2019 level.
The Madrid, Spain-based International Olive Council released its preliminary estimates for the 2019/2020 crop. The North African country is expected to produce 350,000 tons of oil.
Harvest to reach 236 million tonnes in 2019, 9.5 million tonnes more than last year.
Jorindo Group director Kamal Suleiman visited the Arab Brazilian Chamber and said he’s searching for Brazilian distributors to start selling their products in Brazil.
Brazil shipped 192,000 tonnes of chicken meat to the Arab country in H1. Total foreign sales grew by 11% in the period.
For the second time, veterinarian Guilherme Costa has been appointed president of the United Nations body tasked with setting international food standards.
Six Brazilian companies affiliated with Abrafrutas and Apex-Brasil project ‘Frutas do Brasil’ are currently in the Arab country looking into the market.
H1 saw 873,000 bags of Brazilian product exported to the region, with revenue climbing 18% year-on-year to 102 million.
