The company’s Brazilian arm supplies equipment to be used in works for the 2022 FIFA World Cup.
Browsing: export
The deficit narrowed as a result of a 5.5% hike in exports and a 4.4% drop in imports.
Foreign sales fetched USD 4.422 billion and foreign purchases amounted to USD 3.454 billion, leading to a USD 968 million trade surplus.
For a few years now, investments are being made to improve quality. The result is rising exports to countries like Algeria, the second biggest destination.
The Maritime Transport Group (GATMA) reached an agreement with wheat and powder milk industry associations that provides for the use of Algerian-owned vessels in imports.
So says the Brazilian Animal Protein Association (ABPA), which is about to launch a poultry genetics brand. Sales to Saudi Arabia were up 5% through July.
Brazil’s Agriculture minister Tereza Cristina will travel to three or four Arab countries next September. She intends to discuss sales of new agribusiness products, as well as the import of Arab goods to Brazil.
Brazil ran a USD 2.3 billion surplus last month, the lowest for the month since 2010. Both exports and imports slid.
The industry grossed BRL 6.75 billion, down 12% year-on-year, and exports are also on their way down.
The first half saw 17.2 million tons of raw steel manufactured, down 1.4% year-on-year. Exports were down 2.4%.
The emirate imported USD 2.1 billion worth of food and agricultural products in 2018. The sum is down marginally from 2017 numbers.
Purchases of chemical products from other countries came out to USD 20.4 billion in the first half of the year, up 6% year-on-year.
Brazil’s Foreign Trade Association has toned down its predictions on imports and foreign trade. Estimates regarding exports and the trade surplus moved up.
Exports from Brazil to the region grossed USD 642 million in June, up 26% year-on-year.
