Soy and its products accounted for over half of Brazilian agribusiness foreign sales in April, with a 12.6% increase over a year ago.
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Brazil grossed USD 71.9 million from foreign sales of the product to Arab countries from January to April this year. The amount is down 26.3% from a year ago.
The organization’s Marketing vice president Riad Younes joined a Lebanese diaspora conference in Beirut and accepted a trophy in recognition for services rendered to the community.
The Brazilian-based company Korin is planning to ship the first batch to the Arab country in July. It began to export the product last year, to Hong Kong.
Foreign sales from Brazil reached USD 79 million in April and USD 338 million year-to-date. The number of pairs shipped abroad went down.
The organization was acknowledged for its participation in the trade show of the São Paulo Supermarkets Association with the Deal Making Prize in the Large Stand category. The event took place last week.
It was the state in Brazil where industrial production declined the most in March from February, by 4%. The average national drop was 1.8%. Other above-average states were Ceará, Paraná, Minas Gerais, and Pará.
Dessert company Le Petit Sobremesas of São Paulo will ship its first batch to the UAE this month. It broke into the market by going to Gulfood, and it is shipping over 7,000 items to the Middle East.
A rocket carrying the device was launched last week from the French Guyana. The goal is to increase broadband availability in Brazil.
The Algerian prime minister Abdelmalek Sellal opened the trade show this Monday. It features 1,030 participants, up from 810 last year.
Foreign sales averaged USD 895.6 million a day in the first week of May, the Brazilian Ministry of Industry, Foreign Trade and Services. The country registered a USD 997 million surplus.
The increase in prices expected by Brazilian financial market players for 2017 changed from 4.03% to 4.01%. The GDP growth forecast edged up to 0.47% from 0.46% last week.
The Paraty, Brazil-based spirits manufacturer Alambique Engenho D’Ouro put a different spin on the traditional Middle East drink. It plans to take its cachaça, fennel and anise-based ‘Arac’ to the Arab countries.
Brazil’s Sindipeças and Apex-Brasil will feature 22 manufacturers in a stand at the 15th Automechanika Dubai trade show in the United Arab Emirates.
