Companies from the UAE, Egypt, Tunisia and Jordan attended the Apas fair in the city of São Paulo. The majority of them believe they will start sales in the country after the contacts that were made.
FAO’s index was up 0.7% to 151.8 points in April from March. Nevertheless, prices remained lower than in April of last year.
Sales of new units in Brazil were down 26% in the month, but the chairman of automakers association Anfavea said the decline has lost steam. The industry is betting on an export-based recovery.
Withdrawals exceeded deposits in BRL 8.2 billion (USD 2.32 billion), the highest figure for the month since 1995.
A document signed by the Brazilian organization and Tunisia’s Export Promotion Center (Cepex) provides for information exchange, a schedule of joint events, and marketing actions.
Set to take place from May 8 to 10, Automechanika is an opportunity to expand sales abroad and compensate the decline in revenues felt in the domestic market.
Prices declined in April from March of this year. In the 12 months through April, commodity prices went up 8.56%. ‘
Exporters from Brazil met with importers from the Middle East country at the Arab Brazilian Chamber. Prospective deals involve coffee, poultry, olive oil and peanut flour.
After two months of deficit, the inflow of the North American currency in Brazil surpassed the outflow in USD 6.5 billion in April, according to data from the Brazilian Central Bank.
NGO Wheels of Peace collected and donated 34 bikes to foreigners last month and intends to do it again. The vehicles allow increased mobility to the immigrants.
The Brazilian bus maker saw production and profit drop in quarter one, but reports that orders placed to its unit in Egypt will have a positive impact as of the second quarter.
The federation of dealerships reported that sales were down 9.3% from March and 21.3% from April 2015.
The Arab country’s delegation comprises eight companies, mostly looking to import foodstuffs such as coffee, chocolates, beans, honey and poultry from Brazil. The group is attending the Apas Fair.
Industrial sector activity improved from the poor performance seen in February, the Brazilian Institute of Geography and Statistics (IBGE) reported. Year-on-year in March, however, activity shrank 11.4%.
