Brazil doubled sugar sales to the Arab market in Q1 and stepped up iron ore exports by 43%, driving up the revenue. Imports of Arab products declined.
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The initiative aims to boost the presence of Brazilian companies in the 22 Arab countries by promoting the portfolio of the Arab-Brazilian Chamber of Commerce on a digital hub operated by ApexBrazil that gathers 500 services in support of foreign trade.
The deputy governor of Rondônia discussed with the secretary-general of the Arab Brazilian Chamber of Commerce a series of actions to encourage trade between the state and the Arab market. Tambaqui fish exports could be one of the focuses of cooperation.
The Porto Alegre-based Brazilian company won over audiences abroad with a discreet and premium style. The brand supplies women’s knitwear to 12 countries, including Saudi Arabia and the United Arab Emirates.
Taking stock of 2022, the year when the Arab Brazilian Chamber of Commerce turned 70, its president Osmar Chohfi highlighted the record-breaking trade between Brazil and the Arab market, the launch of a halal project, the Economic Forum Brazil & Arab Countries, and the expansion of electronic customs clearance system Easy Trade.
Entrepreneur Grace Kelly Viol Lisboa wants to take her company Atelier du Chocolat’s products to all states in Brazil and the Arab countries. Chocolate bars with noble ingredients like apricot and pistachio attract customers’ attention.
Sales of Brazilian products to Arab countries climbed in the first eight months of the year. Revenue from goods such as poultry, sugar, soybeans and maize were up.
The COO of the ApexBrasil Office in Dubai, Tatiana Riera (pictured below), pens an article on the cultural, human, and commercial ties connecting Brazil to the Arab world and the existing space to make this relationship even more prosperous.
Private sector, government and academic representatives discussed investment and business diversification between Brazil and the Arab countries. More strategic alliances and a focus on technology, logistics and bilateral agreements were the highlights of the panel ‘Economic Integration for Competitiveness and Investments’ of the Economic Forum Brazil & Arab Countries.
One of the topics discussed at the Economic Forum Brazil & Arab Countries was how new connections transform businesses and bring innovation to ecosystems.
Brazil’s president Jair Bolsonaro participated with a recorded speech in the Economic Forum Brazil & Arab countries on Monday (4). He said he expects the visit of authorities from Qatar, Bahrain, Saudi Arabia and the UAE in Brasília and that relations with the Arabs have strengthened in the current global landscape.
The event that has become the biennial meeting point between Brazilians and Arabs takes place on Monday (4) featuring leaders, experts and businesspeople from both regions. Registration to participate online is open.
The Arab countries bought USD 5.2 billion in Brazilian products year to date through April. High commodity prices drove the results up, but Brazil has also shipped larger volumes of soybeans, maize and wheat to the region.
In an article, the head of Middle East Desk of KPMG Brasil, Francisco Clemente, examines the performance of Brazil-Arab trade balance in 2021 and points out some prospects for this relation.
