Exports from Brazil to the Arab country were up 1.7% to USD 2.85 million in the first two months of this year. An industry spokesperson claims fluctuations in the USD dollar get in the way of business.

Shipments generated USD 1.18 billion in February, the highest amount for the month, and almost USD 2 billion in the first two months of the year.

Data released by the Brazilian Institute of Geography and Statistics (IBGE) confirm the second straight year of recession in the country. The 7.2% drop in the 2015-2016 biennium was the biggest on record.