Brazilian exports grossed US$ 4.869 billion and imports amounted to US$ 5.109 billion, resulting in a US$ 240 million deficit.
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Sales to the region increased for the first time this year, exceeding US$ 1 billion. The performance was driven by sugar, iron ore and chemicals.
The owner of Ma Sweet Cases, Mirela Goi, leaves to the Emirates in search of new clients this month. She has already exported to approximately 15 countries, four of them are in the Middle East.
Exports by Brazilian footwear companies were up 3.5% June-on-June, following three straight months of decline. In the first half, however, sales were down 2.6%.
Lebanon’s Foreign Affairs and Emigrants official Gebran Bassil attended a luncheon offered by the Arab Chamber. He stated that his country has high hopes for its diaspora.
Legaspi sells handmade purses to a store in Tripoli. Currently, 20% of their output is sold abroad, but the company wants to reach 40% by entering new markets, such as the Emirates.
The Brazilian Ministry of External Relations (Itamaraty) will issue multiple-entry visas to Lebanese citizens as informed to Lebanon’s FM, Gebran Bassil, who is visiting the country. Lebanese minister asked Brazil’s help in Middle Eastern conflicts.
Rating agency announced it has kept the country’s sovereign credit rating as BBB with a stable outlook. This means there should be no short-term changes.
Brazil’s Apis Vida is obtaining a halal certificate and is interested in selling to countries such as Saudi Arabia, Morocco, Libya and United Arab Emirates.
Nagib Nassar lives in the country since the 1970s and has developed hybrid manioc plants with higher protein contents to help fight hunger. In December, he will be awarded a prize from Kuwait for his work.
Brazil shipped 734,606 bags to the region in the first semester. Revenue, however, fell by 10% in the same period and stood at US$ 97 million.
Brazilian frigate Liberal, which is part of the United Nation’s mission to the Arab country, will be substituted by the frigate Constituição. She will go into operation in August.
A new federal government website should cut down export- and import-related spending by businesses by approximately US$ 22 billion in the medium term, according to the Ministry of Development.
Michel Alaby, the organization’s CEO, is delivering a lecture on the subject to executives at 9:30 am on the 16th in São Paulo. Registration is open and free of charge.

