The first eight months of the year saw 1.14 million bags shipped from Brazil to the Arab bloc. Overall, exports saw the largest volume for the period in the last five years.
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Brazilian footwear exports to the United Arab Emirates hiked 86.4% in volume and 40.9% in revenue year-to-date through August from a year ago.
Launch of the Brazilian Breeders occurred during the International Poultry and Pork Show. Project is led by ABPA and Apex-Brasil.
Sales from Brazil to the region fetched USD 892 million in July. Saudi Arabia, Egypt, and the United Arab Emirates are some of the leading buyers.
Year-to-date through July, Brazil shipped over 990,000 bags to the region, up 48% year-on-year. Total exports were the highest in five years.
Brazil shipped 7.9 million pairs, up 65% year-on-year. Revenues climbed 44% to USD 84.35 million.
‘Explore&Enjoy’ is the slogan created by the industry’s association that intends to increase exports by 50% by 2025. Actions to raise sales to the MENA region are already underway.
Event will occur on the 30 at the Arab Brazilian Chamber, with lecturers from the entity itself, the law firm Souto Correa Advogados, and the certification company Intertek.
Deficit rose to USD 3.87 billion, up 6.8% from a year ago. Exports increased by just 0.5%, while imports increased by 4%.
Brazil shipped 192,000 tonnes of chicken meat to the Arab country in H1. Total foreign sales grew by 11% in the period.
H1 saw 873,000 bags of Brazilian product exported to the region, with revenue climbing 18% year-on-year to 102 million.
The United States purchased more, but the result is due to a decrease in sales to Argentina.
Estimate for 2019 surplus rose from USD 50.1 billion to USD 56.7 billion. However, a decline in both exports and imports is expected.
City Hall secretaries visited the Arab Chamber this Thursday to discuss ways to build closer ties with the region. The municipality is looking to build closer trade and culture ties with the Arab world, and plans include events.
