The Gulf state grossed USD 344.7 million from exports to Brazil year to date through July, up 78.5% compared to the same period in 2023. Exports from Brazil to Kuwait also stepped up but at a smaller pace and with a deficit balance.

Bahrain’s imports increased in July, and so did re-exports, in which a country exports goods that were previously imported. Top re-exports were private cars, gold ingots, and smartphones, according to a non-oil trade report.

Businessman Mohamad Orra Mourad took over as secretary-general of the Arab-Brazilian Chamber of Commerce earlier this month. A descendant from Palestinians and Lebanese, he comes from the real estate sector to run the institution’s projects at an executive level.