São Paulo – Revenues from Brazilian exports to the Middle East reached US$ 870 million in March, a 35.5% increase in the daily average compared with the same month of last year, according to information disclosed on Friday (1st) by the Brazilian Ministry of Development, Industry and Foreign Trade.
According to the ministry, the performance was driven by sales of meats, sugar, iron ore, soybean and aircraft. Brazilian exports reached US$ 19.3 billion, a 34.3% increase over March last year, in based on the daily average.
Revenues from shipments to Africa totalled US$ 962 million in February, a 44.5% increase using the same basis of comparison. According to the ministry, sales were driven by sugar, wheat, soy oil and steel products.
In the first quarter, sales to the Middle East reached nearly US$ 2.5 billion, an increase of 29.6% over the same period of 2010 based on the daily average. The highlights were meats, iron ore, maize, wheat, aircraft, soy and steel products.
Exports to Africa reached US$ 2.55 billion, 39.4% more than in the first three months of 2010, based on the daily average. The ministry highlighted sales of sugar, wheat, maize, meats, soy oil and iron ore.
Total revenues from Brazilian exports reached US$ 51.23 billion, a 28.5% increase over the same period of last year, based on the daily average.
*Translated by Gabriel Pomerancblum
