Browsing: Brazil

As São Paulo’s orange groves struggle with greening disease, Egypt has expanded its orange exports to Brazil. Competing head-to-head with Spain, the Arab country sold USD 16.1 million worth of oranges to Brazil in 2024.

Brazil’s Foreign Trade Chamber has approved an import tax exemption for nine types of food, as previously announced by the federal government, along with measures to facilitate the entry of palm oil into the country. The measure is set to take effect on Friday (14).

During a visit to the Arab country, the Secretary-General of the Arab-Brazilian Chamber of Commerce, Mohamad Mourad, met with local businesspeople and government representatives with support from the Brazilian embassy in Bahrain.

Brazil’s gross domestic product saw its largest growth since 2021. The expansion of industry, construction, and household consumption were some of the key drivers. As unemployment reached the lowest unemployment, Brazilians increased their spending.