The fees on credit lines of the Exim Pre-shipment type declined 11.13% to 15.75% per year to 9.1% to 11.53% annually. The government expects the demand to reach BRL 15 billion (USD 4.32 billion).
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In this year’s Q1, clients of the company received 44 aircraft. In the same period of last year, the company had delivered 32 aircraft.
The 2016/2017 sugarcane crop in Brazil will amount to 691 million tons, outweighing the previous one, says the forecast from the National Supply Company (Conab).
The Monetary International Fund believes the country won’t achieve the primary surplus before 2020. General assessment is that global economy is slowing down.
Brazil shipped 140,000 tons abroad, a 21% increase over March 2015. Revenues climbed 7.8% to USD 518 million. Egypt and Saudi Arabia were among the leading buyers.
The Organization of Petroleum Exporting Countries asserts that ‘concern’ regarding the economies of Latin America and China is one of the reasons that led to forecasts being revised down.
The data was released by the Brazilian Institute of Geography and Statistics (IBGE). The sector’s performance slowed in comparison with the same period of 2015.
From April 19 to 27, Amman will host the Brazilian Gastronomy Week. Dinners will have typical dishes and meetings with importers. The event will also mark the 100-day countdown to the Summer Olympics.
As Brazil’s economy grapples with recession, José Roberto Mendonça de Barros said in a lecture at the Arab Brazilian Chamber that businesses must redouble their export efforts.
Exports to the two countries declined in Q1, both in volume and revenues. Sales overall also slid down over the same period in 2015.
Shipments of the product to Arab countries totaled 338,700 bags in Q1 of this year, against 355,300 bags from January to March of 2015. Revenues generated declined even further at 17% in the same comparison.
The National Confederation of Industry (CNI) revised down its forecast for the Brazilian GDP in 2016, going from 2.6% to 3.1%.
In its report World Economic Outlook, the fund warns for a more modest growth of the economy and revises down the forecast for the GDP growth of Brazil and Arab countries.
Resources will fund actions for the marketing of products and services of seven Brazilian sectors abroad.
