The capacity to stock agricultural products in Brazil increased 0.3% in Q2 2018, to 169.5 million tonnes.
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Out of the 15 locations tracked by IBGE, ten saw industrial production increase in April from March.
The conference hosted by the International Chamber of Commerce is set to take place this week in Rio de Janeiro. The Arab Brazilian Chamber of Commerce and entities from Dubai, Sharjah and Qatar will have their own stands.
The Arab country imported 1.1 million pairs from Brazil year-to-date through May, up 96% year-on-year.
Year-to-date through May saw 730,000 bags shipped to that part of the world, up 52% year-on-year. Sales soared last month.
The estimate regarding the Public Investment Fund (PIF) is from the Institute of International Finance. The amount could increase to USD 400 billion by 2020.
Brazilian banks expect the economy to grow by 1% in 2019, the 15th straight downward revision of the estimate.
Foreign sales from Brazil were up 35% last month and 18% year-to-date. Egypt and the UAE were some of the top buyers.
Revenues from international tourism hit USD 1.7 trillion in 2018, according to UN World Tourism Organization (UNWTO) report.
Brazil shipped 381,100 tons in May. UAE purchases was one of the highlights of the month, ABPA said.
IPEA Gross Fixed Capital Formation Indicator (FBCP) increased from March, but declined year-on-year.
Country has companies manufacturing sustainable cosmetics. Businesswomen in charge of the brands talked about the market in the Bio Brazil Fair – Biofach America Latina.
The food products have been developed by Embrapa’s livestock arm in southern Brazil and are non-pork-eater-friendly.
An office opened in the emirate’s oil industry zone, and a refinery is slated for construction.
