The country climbed positions in rankings released by different international organizations and consolidates the image of international business hub.
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The Chamber gathered companies from the sector this Thursday to talk about the Egyptian market and to hear their needs.
The growth was over the year’s first three months. The data is from the Organisation for Economic Co-operation and Development (OECD).
The amount of animals slaughtered in quarter two was down 3.1% regarding cattle and 4.5% for poultry compared with Q2 2016 figures.
An International Monetary Fund staff mission said there were political improvements, but recommended macroeconomic adjustments and warned that the refugee crisis takes a toll on the economy.
The sector’s foreign sales were up 18.5% over the same month of last year, according to the Ministry of Agriculture. Egypt was one of the highlights.
The search for flights abroad among Brazilian airlines increased 19% in July over the same month of last year, according to the National Civil Aviation Agency (ANAC).
According to an indicator tracked by think tank Fundação Getulio Vargas slid by 2.8 points in quarter two from quarter one this year. It gauges the investment plans of industrial business owners.
The amount of beef shipped abroad from Brazil in August was the biggest since October 2013. Sales to Egypt climbed by 28%. The country was the second biggest buyer.
International sales of the product increased 34% in the first eight months of the year over the same period of 2016, according to the sector’s association Abraciclo. South America countries are the main destinations.
The Institute of Geography and Statistics (IBGE) said 240.9 million tons will be harvested in the country this year. Despite the bigger crop than last year’s, the estimate from August is smaller than the one from July.
In an interview to ANBA, the president of the Brazilian Development Bank, Paulo Rabello de Castro, told about a trip to the Gulf seeking partnerships. He will give a lecture at the Arab Chamber, in São Paulo, on September 19.
Exports totaled USD 4.56 billion and imports, USD 3.18 billion, in September’s first two weeks, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
The company said the sale of one unit in the state of Mato Grosso do Sul and one in Paraná is now underway as part of its divestment plan.
