Arab countries are among the top buyers of Brazil’s agribusiness, according to the country’s National Confederation of Agriculture. The agribusiness GDP is expected to grow by 2% this year.
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The Libyan market imported 1.6 million tonnes of iron ore from Brazil from January to October, a 60% increase compared to the same period last year. It is the largest volume in the current decade.
Vipal manufactures tire retreading materials, with various nations in the Middle East and North Africa as key markets for its sales.
At a forum in Cairo, the head of the Arab-Brazilian Chamber of Commerce Office in Egypt, Micheal Gamal Kaddes, presented the results of the free trade agreement between the Arab country and Mercosur. Egyptian sales increased in revenue, and the range of products diversified.
According to a report by IATA, demand in the region witnessed a 14.7% year-on-year increase in July fueled by maritime tensions.
On the other hand, ABPA figures show that chicken sales to UAE, Saudi Arabia, Iraq, and other Arab countries expanded.
Arab country was the third largest importer of beef from Brazil in the first half of the year, only behind China and the United States. Purchases stepped up both in volume and value.
Industry group Fiergs estimates a slump in exports spurred by the impacts of the floods based on previous predictions for the year. Agriculture lobby Farsul indicates a negative impact on food production, and meatpacker lobby ABPA logged an 11% decline in poultry exports from the Rio Grande do Sul state in May but already points to a recovery.
North African country opened market to Brazilian poultry last October and imported 10,000 tonnes year to date through October.
Entrepreneur born in the Asian country exports table grapes grown in Brazil’s semi-arid region to several destinations, including the United Arab Emirates. Meet the story of Suemi Koshiyama in the second ANBA report on fruits exported from the São Francisco Valley.
Already cemented in the Americas, the Brazilian children’s footwear manufacturer has invested in foreign trade staff teams to get closer to clients in the Middle East and North Africa.
These were some of the leading exports of the country in February, a month that posted lower imports of grain, vegetable oils and sugar compared to a year earlier. Surplus was posted at USD 281.3 million.
Tunisia’s food trade balance recorded a surplus in January, following a deficit in 2023. Rise in the price of olive oil exports drove the result.
Sales from Brazil set a new record high in 2023, and trade with Middle East and North Africa states expanded. Egypt and the UAE are some of the leading partners of Brazil.
