Arab countries are among the top buyers of Brazil’s agribusiness, according to the country’s National Confederation of Agriculture. The agribusiness GDP is expected to grow by 2% this year.
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IBSA Fund, which brings together India, Brazil, and South Africa, works in cooperation with the United Nations Office for South-South Cooperation in microfunding program.
The Global Agribusiness Festival takes place in São Paulo from June 27-28 aiming to be the world’s greatest stage for the agribusiness culture by bringing together panels, a business fair, gastronomy and music. Held by Datagro and presented by XP, the event is supported by the Arab-Brazilian Chamber, whose members get discount tickets.
In meetings in the Arab country, Brazil’s vice president and ministers also presented the Brazilian potential in agriculture and sustainable development.
The Brazilian company’s chief Global Strategy officer, Léo Carvalho, spoke to ANBA about Solix Ag Robotics, an AI-based technology solution for farms to help reduce emissions, save costs, and improve agricultural efficiency and sustainability. The robot has a 500-farm-long waiting list.
According to Brazil’s Ministry of Agriculture and Livestock, revenue from exports reached USD 166.5 billion in 2023, up 4.8% from 2022. Sector was responsible for 49% of Brazilian exports.
The director of International Relations of CNA, Sueme Mori, said Middle Eastern, Asian, and African nations could increase their demand.
Bawadi Al Dain executives are in Brazil for meetings with local agribusiness entrepreneurs in search of deals and trades.
In his speech at the Global Halal Brazil Business Forum (GHB), the Minister of Agriculture and Livestock of Brazil emphasized his country has the excellence and capacity to meet the halal demand, discussed expanding commercial exchange with fertilizers, and highlighted Brazil as a prosperous land for investments.
Brazil exported beef for USD 4,800 a tonne in May, down from USD 6,000 a year earlier. The decline was reflected in the export revenue.
IBGE estimates that the 2023 cereal, legume and oilseed crop could increase by 12.6%. Soybean production is the main highlight.
Purchases of agriculture and livestock products from Brazil by the Middle East increased in November, just as exports to Africa, by 39.2%.
Brazil’s Ministry of Agriculture created a working group to implement the Brazilian Observatory for Women in Agriculture, which will put forward public policy proposals to reinforce the female presence in rural areas.
National US-Arab Chamber of Commerce president David Hamod and Algeria’s Industry Ministry secretary-general Belabrik Salah Eddine met during a special session in the Economic Forum Brazil & Arab Countries.
