Between January and October this year, purchases of the agricultural input grew by 30%. Exports to the Arab country are declining.
Browsing: fertilizers
The commercial and investment promotion mission of the Ministry of Agriculture and Livestock held meetings in the United Arab Emirates, Saudi Arabia, and Singapore.
Brazilian crops can have up to three harvests per year on the same land, thus increasing the need for fertilizers. The country is expected to remain dependent on imports in the coming years.
The Vice President of Invest RS, an agency created in 2024 to foster agreements, investments, and competitiveness, met with the Arab-Brazilian Chamber and presented business potential in 12 priority sectors of the economy.
Alongside the United Arab Emirates, the Gulf country ranked among the ten largest destinations of Brazilian agricultural and livestock products in July.
The month of May saw 3.66 million tons of fertilizer reach Brazilian ports from abroad. Domestic output was also up but still pales in comparison to consumption.
Higher demand in India has caused international fertilizer prices to increase. The product is exported from Arab countries to Brazil.
Fertilizer imports grew by 19% in February, and national production also increased. The sector association reports a higher demand for the product.
The ambassador of the Arab country, Maen Masadeh, will have meetings with companies and industry associations in the sectors of health, software, fertilizers, textiles, travel, and with São Paulo state officials.
In a cabinet meeting led by the prime minister, the country outlined a plan for the growth of the phosphate sector, which includes raising production to 14 million tonnes per year.
During a delegation trip to Morocco, Brazil’s agricultural research agency Embrapa signed an agreement with OCP, a fertilizer company, and a local university to develop solutions for food security and sustainability.
In 2024, Brazil exported USD 23.68 billion and imported USD 10.18 billion from the Arab countries. The trade flow reached USD 33.87 billion, with a trade balance surplus of USD 13.49 billion.
The Arab-Brazilian Chamber has announced the balance of the Halal do Brasil project, through which, together with ApexBrasil, it promotes Brazilian halal products in Muslim-majority markets. A total of 124 companies have been supported by the program, and the number of countries reached is increasing.
Brazil’s corn exports to Egypt alone grossed USD 1.1 billion in 2024.
