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.
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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.
The country saw an increase in sales of different agricultural goods to the Arab countries in January, including maize, sugar, beef and poultry.
Brazilian company JCF Embalagens will ship types of packaging in short supply in the domestic market from the two Arab countries. Products are expected to start arriving in May.
The country is the world’s second largest black pepper supplier and has boosted its sales to Arab countries above the average.
Francisco Clemente (pictured), head of Middle East Desk at KPMG in Brazil, discusses in an article the current state of Brazil’s relations with the Arab countries and suggests how they can move forward.
At an online meeting with business people from Rio Grande do Sul this Tuesday (31), executives of FIERGS and the Arab Brazilian Chamber showed ways for the state to export a broader range of products to the Arab countries.
Arab Chamber president Rubens Hannun discussed the issue in the São Paulo Development Forum that ran online on Tuesday (30).
Mato Grosso climbed from the Brazil’s sixth to third’s largest suppliers to the Arab countries. Corn, soy and beef exports were up.
The Arab Chamber and the Sebrae-RO will hold a workshop to small and medium-sized companies on October 15, in the capital Porto Velho.