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.
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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.
The Arab country celebrates the date in Brasília, and the ambassador highlights recent activities that have fostered diplomatic and commercial rapprochement with Brazil.
Representatives of the institution met with Brazil’s ambassador to the Arab country, Paulino Neto, and the Arab League. Support for initiatives from the 22 Arab countries and participation in a forum in Brazil were key topics of the meetings.
Executives from the free zones authority of the Arab country met with leaders of the Arab-Brazilian Chamber of Commerce to present opportunities in the country.
Brazil’s year-to-date exports to the Middle East and North Africa grossed USD 17.7 billion through September, up 25% from the same period last year. The performance is on track for a new record.
Increased demand for food and fertilizers, along with changes in Chinese agricultural policy, influence the sector’s performance.
Jihed Ben Slama, one of the representatives in a delegation from Muslim-majority countries visiting Brazil this week via the Halal do Brasil project, seeks trade deals in the Latin American giant.
BMJ adviser and founding partner Welber Barral says in article that good diplomatic relations, Brazil’s ability to meet demands for food, and initiatives in favor of agreements can lead to further trade.
Ministries of Agriculture and Livestock and Foreign Affairs of Brazil will have a stand at agricultural trade show SIAM to take place in the city of Meknes from Abril 22 to 28. A trade delegation is being organized by the Arab-Brazilian Chamber and ApexBrasil on the sidelines of the exhibition.
Overall exports from the country saw a growth rate of 1.2% in January compared to a year ago, the Department of Statistics said.
Eurochem mine and plant complex will produce tonnes of fertilizers to cater to Brazilian farmers. Volume accounts for 15% of Brazil’s phosphate output.
Brazilian imports of fertilizers were the highest in the past five years, Conab reported. Postponement of nitrogen acquisitions last year boosted the result.
