International shipments grew in volume and revenue in the first seven months of 2022. In July, however, exports declined. The UAE and Saudi Arabia were among the leading buyers.
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Higher shipment volumes were driven by the fact the Arab country is a central distribution hub for the Middle East and Asia regions. General exports grew 8% in volume and 36% in revenue.
The Arab countries bought USD 5.2 billion in Brazilian products year to date through April. High commodity prices drove the results up, but Brazil has also shipped larger volumes of soybeans, maize and wheat to the region.
The Arab country took the lead from China as the main destination of poultry exported from Brazil in February. It’s the first time the UAE ranks first in the list.
Shipments grew 21.3% and revenue 52%, indicating higher prices. The UAE were the third major destination, with an increase of 66% in purchases.
The Brazilian Animal Protein Association made public some positive forecasts on the foreign market, despite increased production costs.
Brazilian poultry shipments increased year-to-date through April, driven up by the Middle East, Africa, and Asia.
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.
