The two Arab countries ranked among the top five largest importers of eggs from Brazil in 2024.
Browsing: imports
On the rise in Brazil since 2023, the nut, which is featured in both sweet and savory dishes, has seen its imports triple over the past five years.
The trade balance was boosted by a similar percentage increase in exports from both countries. Kuwait supplies mainly oil to the Brazilian market. Brazil exports chicken meat.
During a visit to the Arab-Brazilian Chamber of Commerce, the chargé d’affaires of the Lebanese Embassy, George Al Jallad, said trade between the two countries is below its potential and the cultural and historical ties that unite them.
The Libyan market imported 1.6 million tonnes of iron ore from Brazil from January to October, a 60% increase compared to the same period last year. It is the largest volume in the current decade.
The government of the North African country has removed the VAT on the import of up to 20,000 tonnes of beef, sheep, goat, and camel meat.
To circumvent the rising prices of olive oil, Brazilians are buying it in smaller volumes, according to Rita Bassi from the Oliva association. The outlook is for a decrease in prices, however, due to the good olive harvest beginning in producing countries.
The Brazilian Chamber of Foreign Trade raised the import tax to 25% on certain iron and steel products and also increased rates on other items, including sodium chlorite and optical cables. Conversely, tariffs were eliminated for three products, including polyester threads.
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.
Oman’s Ministry of Agriculture, Fisheries and Water Resources has accepted an international veterinary certificate template for imports of live goats and sheep from Brazil. Would-be importers in Oman must submit an official application to the Ministry.
The Import Price Index fell in the second quarter of this year. Oman purchased products from abroad at lower prices, including fuels and lubricants, machinery and equipment, as well as vegetable and animal oils.
The migration of imports to the Single Portal, which will reduce bureaucracy in the process of purchasing goods from abroad, began this Tuesday (1st) and will continue until the end of 2025. Companies will save by reducing the time goods are held up. The overall gains for Brazil will be even greater.
At a forum in Cairo, the head of the Arab-Brazilian Chamber of Commerce Office in Egypt, Micheal Gamal Kaddes, presented the results of the free trade agreement between the Arab country and Mercosur. Egyptian sales increased in revenue, and the range of products diversified.
The North African country’s minister of economy said the financial instrument will be released later this week for the purchase of basic items, of which the country still has stocks for three months.
