The first half saw 17.2 million tons of raw steel manufactured, down 1.4% year-on-year. Exports were down 2.4%.
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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.
Event will occur on the 30 at the Arab Brazilian Chamber, with lecturers from the entity itself, the law firm Souto Correa Advogados, and the certification company Intertek.
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.
Deficit rose to USD 3.87 billion, up 6.8% from a year ago. Exports increased by just 0.5%, while imports increased by 4%.
The first half of the year saw 51,000 tons of product shipped. Sales to Arab countries as a whole also climbed.
H1 saw 873,000 bags of Brazilian product exported to the region, with revenue climbing 18% year-on-year to 102 million.
Akira Yamada gave a statement during a Senate session marking the 111th anniversary of Japanese immigration. Brazil is home to the largest Japanese community outside of Japan.
The United States purchased more, but the result is due to a decrease in sales to Argentina.
Estimate for 2019 surplus rose from USD 50.1 billion to USD 56.7 billion. However, a decline in both exports and imports is expected.
ALM Brazil Trading Company sells typical Brazilian products to Africa, Asia, and the Middle East. In the end of the month, they will launch a halal brand for the Arab market.
Truck sales by the carmaker’s Brazilian arm climbed 30% to date this year. The company is looking to end 2018 with a 40% increase in sales to the Middle East and Africa.
