Despite the global crisis caused by the COVID-19 pandemic, the sector stepped up imports on April. Brazil’s demand for fertilizers is expected to grow by 1.5% to 3% in 2020.
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The country purchased more product from abroad this month, in spite of the uncertainty surrounding the global economic scenario. Goods whose imports went up include wheat, fertilizers, sanitary items, ethylene polymers and electric generators.
During a webinar hosted by the Arab Brazilian Chamber, Tereza Cristina said Arab countries are one of the Ministry’s priorities when it comes to foreign markets amid the Covid-19 pandemic.
Brazil’s Tereza Cristina will speak from Brazil. Union of Arab Chambers secretary-general Khaled Hanafy will join in from Egypt. Arab Chamber president Rubens Hannun will give an introductory speech. The webinar takes place April 8, 9 am (BRT), with simultaneous interpretation into Portuguese and English. Registrations are open.
Brazil’s Ministry of Agriculture created a group to oversee and outline strategies to cushion the impact of coronavirus on crops and supply.
Brazil has road closures and refrigerated containers that didn’t return from abroad. Organizations of the productive and logistics sector are coming up with solutions to go on with the food transport from the rural areas to the domestic and foreign market.
Impact of the crisis generated by the pandemic is expected to make the Brazilian economy remain stable in 2020, but agribusiness will grow by 2.9% as per estimates of the Central Bank.
Brazilian machinery and service companies have invested in creations that integrate environmental and economic sustainability.
IPEA revised up its 2020 growth forecast for the sector based on good prospects of soy and coffee output.
Production of the fruit could reach 330 thousand tonnes in 2020, said the country’s minister of Agriculture, Samir Taïe.
Ministry of Agriculture calculated gross production value at USD 152 billion last year, up 2.6% from the previous year.
The country produced 241.5 million tonnes of cereal last year, up 6.6% from 2018. In 2020, the crop is expected to reach a new historic level.
Brazil shipped 37.4 million bags year-to-date through November. Arab countries imported 12% more.
The Brazil Africa Forum in São Paulo featured discussions regarding the continent’s development and existing cooperation possibilities. The Arab Brazilian Chamber’s secretary-general was one of the panelists.
