Brazil’s participation in the Food Africa fair, a trade mission, and an institutional agenda drove its presence in Egypt this December, led by the Arab-Brazilian Chamber. Companies expect USD 53 million in business from the Cairo event.
Browsing: exports
Through November, Brazil exported USD 1.35 billion, 18.7% higher than the same period last year, according to the Brazilian Natural Stone Association.
Through November this year, Brazilian exports to the Arab country rose 1.3%, while imports were 9.2% higher than in the same period last year.
A study by the Brazilian Footwear industry project—spearheaded by Abicalçados and ApexBrasil—highlights the UAE market’s potential. Brazil exports were higher in the past.
Free trade negotiations are under way. According to CNA’s Director of International Relations, Sueme Mori, tariff exemptions could expand access for Brazilian agribusiness products to the Arab market.
Brazilian companies took part in a trade mission to Algeria last week. According to the president of the Arab-Brazilian Chamber, William Adib Dib Jr., the African country is determined to strengthen ties with Brazil.
Data from Brazil’s Ministry of Defense show that total exports in the sector reached a record this year.
Between January and October this year, purchases of the agricultural input grew by 30%. Exports to the Arab country are declining.
Centrorochas signed a memorandum of understanding with Abu Dhabi Ports Company this week, as an institutional step toward establishing a physical base for Brazil’s natural stone industry in the region.
Sales have reached USD 41 million this year, up 67.9% compared to last year. Imports are declining.
Brazilian aircraft maker will get a BNDES loan to produce planes for export, expecting higher commercial jet deliveries this year.
The ambassador of the Asian country visited the Arab-Brazilian Chamber of Commerce with representatives from industry associations to foster trade relations, exchange experiences, and discuss investments.
In government auctions and tenders held in the Arab country during the third quarter of this year, local companies secured USD 2.6 billion, while foreign firms accounted for USD 1.4 billion.
The Brazilian government has concluded sanitary and phytosanitary negotiations to allow the country to export black beans to Lebanon, as well as quails to the United Arab Emirates.
