Brazilian exports to the Arab market grew 10% compared to January of last year, reaching a total of USD 1.98 billion. Imports are declining.
Browsing: exportações
The Gulf country was the top destination of Brazilian exports in January. Saudi Arabia was the third-largest customer, according to ABPA.
Egypt, Saudi Arabia, Algeria, the United Arab Emirates, Lebanon, and Libya are among the 20 leading destinations of the product, which reached a record export volume in September.
Brazilian machinery and equipment industries saw a rise in revenue from foreign markets in August, according to ABIMAQ data.
The Secretary of International Relations of Brazil’s Ceará sate, Roseane Medeiros, visited the Arab-Brazilian Chamber and discussed joint actions to grow her state’s economic relations with Arab countries.
With Jordan removing restrictions on the entry of Brazilian chicken into its market on Tuesday (15), there are now eight Arab countries with no restrictions on imports. The bans had been imposed due to an avian flu outbreak.
The Arab-Brazilian Chamber is organizing events focused on agrifood companies in Belo Horizonte on July 1 and in Uberlândia on July 3. Registration is open.
From January to April of this year, USD 54.6 million worth of fertilizers got shipped from the North African country to Brazil, a 44.2% increase from a year ago.
Supported by the Arab-Brazilian Chamber, the Brazilian chemical company made a trip last month to the United Arab Emirates, Egypt, and Saudi Arabia, during which it found a distributor and closed a sale. The company is considering opening a facility in the region.
With elegant and versatile pieces, the Brasília-based brand founded in 2020 now aims to reach the United Arab Emirates.
The Ministry of Commerce, Industry and Investment Promotion presented economic data for 2024, including commercial registrations and foreign direct investment, both of which rose.
A disruption in oil exports impacted the Arab country’s growth last year, but GDP is expected to benefit from the sector’s expansion in 2025, according to the IMF. Libyans are currently producing nearly 1.4 million barrels per day.
Overall, the Arab country imported fewer Brazilian goods in February, but there was growth in the acquisition of less traditional products.
Executives from the Arab-Brazilian Chamber of Commerce met with the Oman Chamber of Commerce and Industry, discussed advancements in the partnership between the two institutions, and explored ways to increase trade between the two countries.
