Browsing: exports

Starting on Monday (1st), the news of the Brazil-Arab News Agency (ANBA) will feed the Arab-Brazilian Chamber’s platform created to digitalize trade between Brazil and Arab countries.

The event, taking place in São Paulo in November, already has accredited importers from 21 countries, including Tunisia. The fair is expected to serve as a channel for the industry to diversify markets amid high U.S. tariffs.

The two countries have concluded a sanitary agreement, opening the doors for the import of Brazilian sheep to the Arab nation. According to the government, this represents a business opportunity for the North and Northeast regions of Brazil.

Arab Brazilian Chamber high-level executives handed over a survey to Brazil’s Agriculture and Livestock and Foreign Affairs ministries showing that some of the goods the US has imposed sweeping tariffs on could be sold to Arab countries instead.

The company, which has developed a compact radar for drones, is looking to double its revenue through international deals. There are plans to set up a branch in Abu Dhabi, to where more than ten pieces of equipment have been shipped.

The manufacturing company saw BRL 424 million in revenue from exports from Brazil in the first half of the year, with Kuwait as one of its biggest destinations. 

Oman’s sovereign fund has acquired a majority stake in the Brazilian-based trading company Agribrasil, which sold over 1 million tons’ worth of grain in the first quarter of this year. The company ships product to the Middle East and North Africa.