The Moroccan government has authorized the export of Brazilian olive oil into its market, the Brazilian Ministry of Agriculture and Livestock said. The Arab country, whose local production was impacted by drought, has taken at least two other steps this year to favor trade with Brazil.
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Saudi Arabia has opened its market to flower imports from Brazil, but sales to Arab countries must overcome distance and cost challenges, says director of Ibraflor.
Saudi Arabia has opened its market for Brazilian cotton, including raw cotton, cottonseed, and cotton waste. Brazil has become the largest exporter of cotton in the world this year.
Vipal manufactures tire retreading materials, with various nations in the Middle East and North Africa as key markets for its sales.
The Brazilian government announced that Saudi Arabia has authorized exports of these two new products from the national agribusiness, in the wake of two other market openings this year.
The government of the North African country has removed the VAT on the import of up to 20,000 tonnes of beef, sheep, goat, and camel meat.
On the second day of the Brazil Africa Forum, Brazil’s secretary for Africa and the Middle East, Carlos Sérgio Sobral Duarte, spoke about the continent’s economic progress and said the trade relationship with Brazil is modest compared to its potential.
Brazil’s year-to-date exports to the Middle East and North Africa grossed USD 17.7 billion through September, up 25% from the same period last year. The performance is on track for a new record.
Algeria has joined the list of the top 20 importers of Brazilian beef, at 34,200 tonnes from January to September. The UAE also increased their purchases, contributing to the rise in exports.
The Brazilian company supplies non-GMO corn-based ingredients such as flour and cornmeal to manufacturers. In a market with a growing demand for healthy, sustainable food, Milhão is making strides and exporting to Arab countries.
The National Oil Company confirmed the end of the blockade that hindered the normal production and export of Libyan oil. The insecurity of supply affected international oil prices.
A study by the Arab-Brazilian Chamber indicates that Brazil has opportunities to explore in the mineral products market in Arab countries, as it possesses iron ore, niobium, bauxite, manganese, gold, nickel, among others.
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.
The Brazilian Confederation of Agriculture and Livestock (CNA) sent a delegation to the Gulf Green fair in the United Arab Emirates. Businesspeople attended B2Bs, meetings, and seminars. CNA executives proceeded to Saudi Arabia.
