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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In 2023 Brazil exported USD 24.7 million, up 4% from 2022. Leading export was tilapia and tilapia products.
Exports to the two countries increased in January compared to the same month last year, while overall shipments declined, according to industry lobby ABPA.
Brazilian auto exports fell in January. Imports posted its highest share of registered cars since 2014.
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The Brazilian footwear industry shipped 102 million pairs abroad year to date through October. The recorded drop reflects the global slowdown and Chinese competition, said the sector association.
Bawadi Al Dain executives are in Brazil for meetings with local agribusiness entrepreneurs in search of deals and trades.
The opening includes food for dogs and cats. In 2022, Morocco was Africa’s second destination for Brazilian agribusiness exports.
The vice president of Brazil and minister of Development, Industry, Commerce, and Services, Geraldo Alckmin, participated in the launch of the Export Qualification Program (PEIEX) Center in Ribeirão Preto, São Paulo, which aims to qualify 175 companies in the region, 60% of which are micro and small businesses.
One of the leading Brazilian exporters of animal protein, the company has served Arab markets for over 50 years. To produce according to the rules of Islam, the company has segregated plants, product certification, and invested in development.
Sales to Asian countries drove up results year to date. United Arab Emirates bought less and dropped to third place in the list of destinations.
Revenue growth was 9.3% compared to the same period in 2022. The United Arab Emirates was the third leading buyer in the period, and Saudi Arabia came fifth.
The Xingu Fruit brand buys açaí from cooperatives and associations in Pará, exports to the United Arab Emirates and is in talks with Saudi Arabia and Qatar.
Chocolate Lake Co. has a production capacity of 2,600 tons a month and exports to over 32 countries. It plans on breaking into the Latin American market.
