Foreign participation in Brazilian airlines becomes unlimited. Until now the limit was 20%.
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Exports to the region were down 19% from January through November to USD 2 billion, but the industry association expects a rebound in 2019. Saudi Arabia, the biggest market, is expected to increase its imports again.
The value refers to 135 deals made during the food industry fair SIAL Middle East. Brazil had a pavilion in the fair with 14 businesses.
This year should see 59.6 million 60-kg bags harvested, as per a November survey from the Brazilian Institute of Geography and Statistics (IBGE).
Brazilian association of manufactures hopes to achieve a number of 779 thousand manufactured units until the end of 2018. For 2019 the projection is a 10% growth, a total of 857 thousand bikes.
Brazil-based companies like Florestal Alimentos and the BrazilBarn group struck up deals at the Abu Dhabi expo which wrapped up on Wednesday (12). The event was also a chance to find new business contacts.
Association Abraciclo has revised up its 2018 estimate on the back of good results seen from January to November.
In line with the upward trend of the past few years, foreign sales are expected to reach 1.62 million tons in 2018 – the biggest volume ever shipped from Brazil. Revenues are seen climbing 7.4% to over USD 6.5 billion.
The products were brought to expo SIAL Middle East by Brazilian companies AE Negócios Internacionais and ABN8 Trading and made it to the finals for an accolade for innovation.
The desert climate is no impediment to food production in Arab Gulf countries. Despite being major importers, they do produce legumes, vegetables, meats, dairies, milk and lots of dates. The items can be seen at SIAL Middle East.
Last month saw 3.68 million bags shipped from Brazil. Revenues slid by 1% to USD 485 million. Year-to-date, the volume shipped to Arab countries was up 15%.
The Brazilian Institute of Geography and Statistics (IBGE) forecasts a 231-million-ton harvest next year, up 1.7% from this year.
Trading company ALM Brazil’s CEO Marlucia Martire will supply a shipping container’s worth of pepper per month for a year to an importer in the UAE. She’s also sold nuts and coffee at the expo.
The Arab country’s deputy prime minister Mansour Bin Zayed Al Nahyan was welcomed by Brazilian ambassador Fernando Igreja at the Brazilian stand in Abu Dhabi’s SIAL Middle East and said there’s an interest in partnerships with the agricultural private sector in Brazil.
