Average price of the tonne of beef shipped from Brazil in March was 4.5% lower than a year ago. Beef industry group Abrafrigo reported that the United Arab Emirates was the third leading destination of the product.
Browsing: exports
Brazil doubled sugar sales to the Arab market in Q1 and stepped up iron ore exports by 43%, driving up the revenue. Imports of Arab products declined.
Overall exports from the country saw a growth rate of 1.2% in January compared to a year ago, the Department of Statistics said.
Revenue from the industry in February also posted a decline compared to the same period a year earlier, ABIMAQ reported. Benchmark interest rate is still high, the industry says.
The commodity’s prices have declined due to a lower demand from China. Brazil’s trade balance could be impacted, and Arabs could import more.
Between logistical challenges and the substantial presence of the public sector, Brazil’s smallest federative unit, where its federal capital sits, exports mainly commodities.
The 24% growth will be driven by soybeans, maize and cotton, Brazil’s Agriculture Ministry reported.
From November 21 to 23, Abicalçados and NürnbergMesse will hold the BFSHOW in Porto Alegre for the first time. Foreign buyers and guests are expected to participate. Registration for guests is open.
Ministry forecasts a trade surplus of USD 84.7 billion this year as imports will fall more than exports. Prices of goods Brazil imports like fertilizers, fuels and wheat are declining.
Brazil exported 506,000 60-kg bags from January to May 2023, up 50.2% from a year earlier.
Executives e businesspeople from the Brazilian city were introduced to the Halal Brazil project on Thursday (13) at an event in the headquarters of CIESP and are interested in supplying foodstuffs to halal-consuming countries. Jundiaí already got some halal-certified companies.
A survey revealed that Brazilian fish exports grew 15% in 2022, reaching USD 23.8 million. Libya was the fourth main destination.
The Ministry of Development, Industry, Trade and Services expects the 2023 Brazilian trade balance to post the highest surplus ever due to the declining prices of leading imports.
In an online space, buyers from the United Arab Emirates will meet with Brazilian coffee, fruit, and byproduct producers from March 13 to 17.
