Foreign sales from Brazil went up in volume and revenue in February from January. Industry association Abicalçados expects year-on-year sales to start going up by May.
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A Brazilian Central Bank study concluded that basic items such as soya and ore were the pillars of foreign sales from the country in 2020.
In January, Brazilian exports of dry peppers such as black pepper hit an all-time high. Espírito Santo’s cooperative says the demand for the product have skyrocketed during the pandemic.
In January, Brazil’s revenue from exports to the Arabs climbed 74% from a year ago.
Wheat exports from Brazil to the Arab bloc fetched USD 26.78 million in the first month of 2021. The product’s consumption in Arab countries is expected to grow by 2.5% a year.
Countries including Saudi Arabia, the United Arab Emirates, Yemen and Oman stepped up their chicken meat imports from Brazil in January, even though the industry’s overall imports slid.
Despite a year-on-year decline, Brazilian footwear exports were up from December.
Foreign sales of cattle meat decreased in terms of volume and revenue as most major destinations, including Egypt, stepped down their purchases.
B2Bs will be hosted by Abimo and Apex-Brasil until February 5 and feature Brazilian companies and buyers from Algeria, Morocco, Egypt, and other countries.
Arab bloc imported 19.2% more coffee from Brazil in 2020 from the previous year. Highlights are North African countries. Algeria bought 310% more coffee from Brazil.
Driven by China, Asia is the top destination. Africa’s imports increased, particularly Egypt’s, up 15% from 2019. Other two Arab countries that increased their imports were Jordan, up 18%, and Yemen, 6.1%.
The commodity’s prices started increasing in 2020 and are expected to stay high this year. Increased demand from China and Vale’s reduced output are some of the reasons.
The processed fruit can now be shipped inside a package made of coconut fiber. The material is light and should add value to the product, which will now be completely sustainable.
ABIEC forecasts that shipments will end the year at 2.02 million tonnes, fetching over USD8 billion for the first time. Top destinations include Egypt, Saudi Arabia and the UAE.
