According to Arab Chamber International Business executive Fernanda Baltazar, turnout was very strong at the Brazilian Beef Exporters Association’s stand during Arab Halal Day at the Anuga expo in Germany.
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Officials from the Arab country and the South American bloc will sit down next November in Brasília, in a follow-up to discussions during a trip by Brazil’s FM Aloysio Nunes to Morocco to attend a WTO meeting.
The United States Department of Agriculture indicates that Brazil will see 107 million tons in its 2017-2018 crop season, down 6.1% from the prior harvest.
In partnership with the Arab Brazilian Chamber, the Dubai Electricity & Water Authority is hosting a seminar in São Paulo for prospective bidders in tenders for clean energy and sustainable processes in the emirate.
Brazil’s Coffee Exporters Council (Cecafé) said foreign sales amounted to roughly 923,500 bags from January to September, while total exports from the country dipped by 10.2%.
The world economy is expected to grow by 3.6% this year and 3.7% in the next. These projections are more optimistic than the ones from April. The forecast for Brazil moved up by 0.5 percentage point.
As of September, the Brazilian Institute of Geography and Statistics’ harvest forecast moved up in September from August to 242 million tons. Planted area is seen at 61.2 million hectares.
As of September, the Brazilian Institute of Geography and Statistics’ harvest forecast moved up in September from August to 242 million tons. Planted area is seen at 61.2 million hectares.
Production numbers slid by 0.8% in August from July as a result of weaker output in six out of 14 locations, the Brazilian Institute of Geography and Statistics (IBGE) said.
Industry association Abiec said the Arab country spent USD 73.7 million on roughly 21,200 tons worth of product from Brazil last month, placing second only to Hong Kong on the list of importing countries.
The Brazilian Ministry of Industry, Foreign Trade and Services said exports came out to USD 5.059 billion, with imports at USD 3.157 in the first week of October.
The country’s banking sector had USD 723 billion worth of assets in the first half of this year, the biggest amount of any Gulf Cooperation Council country and up 1.7% from the second half of 2016.
After six straight drops, the 2017 forecast from Brazilian financial market players changed up from 2.95% to 2.98%.
Brazil’s National Confederation of Industry will hold a forum for Brazilian and Arab entrepreneurs on October 17 in the UAE. Chairmen from Brazilian industry federations will attend.

