Foreign sales went up in terms of shipped volume, but declined in terms of revenue.
Browsing: export
This was the only product category whose sales increased in the first two months of this year, on the back of ferroniobium, gold, and maize oil.
The first two months of the year saw 246,932 60-kg bags shipped to Arab countries, down 15.2% from January and February of 2019.
The increase in sales to the Middle East, particularly to Arabs, is a ‘pleasant surprise’ for the Brazil’s largest coffee farmers cooperative.
Sales amounted to USD 11.3 billion year-to-date through November, with agricultural and mineral commodities leading the way.
Exports from Brazil to the region were up nearly 40% year-to-date through November, with sales to the biggest markets increasing.
The Arab country, which had been the biggest buyer for eight years on end, saw China overtake it this year.
Four out of the 15 companies featured in the Brazilian space sell coffee. Cereal industry company Alca Foods had two of its products selected to join the SIAL Innovation Awards.
Year-to-date through November saw 2.53 million units sold, up 8.3% year-on-year, while foreign sales slid by 33.2%.
Foreign sales slid by 20.4% year-on-year to USD 18,23 billion. The trade surplus narrowed by 80%.
Revenue from foreign sales came out to USD 9.3 billion year-to-date through September.
Arab Chamber executives met with companies that are going international during an event hosted by São Paulo city hall agency SP Negócios and mapped out their willingness to sell to Arab countries.
The Brazilian pulses company joined the stand organized by the Arab Brazilian Chamber at the trade show in Germany and found new clients in Arab countries. The show yielded good results.
Brazil ran a USD 2.2 billion surplus last month as exports cooled off and imports climbed, prompting the government to revise its yearlong estimate.
