The companies that participated in the show in Dubai through a partnership between ABPA and ApexBrasil made sales of USD 50 million in loco and are expected to make exports at an even higher value over the next twelve months.
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Foreign automobile sales increased 6.6% in the first month of the year compared to January 2021.
Brazilian foreign sales totaled USD 19.6 billion, surpassing the previous record for the month, set in 2018. Soybean shipments drove the surge.
Revenue from hatching eggs and poultry genetic material exports from Brazil was up 26.7% last year. Volume was up 60.9%.
In 2021 the volume shipped to the Arabs and other major blocs was down. Production this year is expected to increase.
Trade between Arabs and Brazilians in 2021 reached USD 24.25 billion. The UAE took over as the leading destination for Brazilian products.
Revenue from poultry exports totaled USD 7.66 billion last year and reached a record volume. Top Arab buyers were the UAE, Saudi Arabia and Yemen.
Year to date through November, Brazil purchased 100.6% more Arab products compared to 2020. Nevertheless, the balance continued to post a surplus for Brazil.
The cupping was organized by the Brazilian Embassy in Riyadh, Saudi Arabia. The event took place during the International Chocolate & Coffee Exhibition in the capital city of the Gulf country.
The Arab country purchased 59% of exports from Brazil year to date through November. Qatar, Oman and Saudi Arabia also stood out.
The segment has seen a recovery from 2020 in Brazil. Although the country has historically been an eyewear importer, local brands have worked with Brazilian design in pursuit of breaking into markets, including the Arabs.
Sales of products from Brazil to the Middle East and North Africa were up year to date through October, with a focus on iron ore, soy and poultry.
Both foreign sales and production dropped last month. The President of ANFAVEA stated it reflected the obstacles faced by the industry, such as the worldwide shortage of components.
In an online forum, representatives of the Brazilian state’s public and private sector discussed opportunities for partnerships and business with Arab countries. Arab Brazilian Chamber president and Market Intelligence manager participated.
