Index of the Central Bank of Brazil, which tries to forecast the economic activity, grew last year over 2017.
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One of the leading manufactures of construction products from UAE, Anchor Allied, has been studying how to enter Brazil since last year. It will show at Feicon Batimat fair in April.
Purchases of the products abroad declined 77.9% in January, according to data released by ABRACICLO. China is the leading supplier.
Revenue of the segment fell last year in Brazil, after discounting the inflation effect.
Ramax has a headquarter in Brazil and branch offices in the United States and Lebanon. The goal of its first participation in the fair is amplifying businesses with the Arab world.
According to the Brazilian Association of the Food Industry, the trade with the Arab country yielded a USD 1.19 billion revenue.
Trading volume grew in four areas of the segment, including supermarkets.
The entity president Rubens Hannun and vice-president of international relations Osmar Chohfi were with the new APEX-Brasil president Mario Vilalva and the Department of Federal Revenue of Brazil special secretary Marcos Cintra this Tuesday (12).
More than 54,000 transactions were registered in the sector last year. Value was significant for the emirate.
According to IBGE’s forecast, the Brazilian grain crop should grow 1.9% in 2019. CONAB, however, indicates the grain production in the period 2018/2019 will reach 234.1 million tons.
Brazilian farms registered a production of 928.4 million dozen eggs in the fourth quarter of 2018, more than in the third quarter of last year and more than in the same period of 2017.
The Arab country will be the focus of the export promotion project of Brazilian manufacturers of biscuit, pasta, and industrialized bread and cakes.
Brazilian Minister of Science, Technology, Innovations and Communications is receiving proposals from developers of desalination technologies until February 18.
Brazilian mission departed last Sunday (10) with the participation of ABPA executive director Ricardo Santin. The Arab Brazilian Chamber will also have meetings in the Saudi capital.
