Innovations in the halal market and the digital transformation of trade between Brazil and the Arab Countries will guide the activities of the Arab Brazilian Chamber of Commerce this year. Brazilian participation at Gulfood and Arab at the APAS Show are also on the schedule.

The Egyptian government is encouraging the cultivation of crops such as soybean and maize to expand production and boost the local vegetable oil industry. Minimum price guarantees are expected to be implemented.

The Russia-Ukraine war prevented the sector from reaching the 2022 target; nonetheless, it had a marginal 0.5% growth in international sales. The local government restricted exports of some items to secure local supply.