A mission organized by Brazilian Ministries with support from the Arab-Brazilian Chamber of Commerce will visit Kenya, Egypt, and Ethiopia from December 6 to 15. Business meetings and seminars will be an opportunity to showcase Brazilian know-how in producing food, plastics, toys, and cosmetics, among other products.
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The Ministry of Development, Industry, Commerce, and Services of Brazil has an open public consultation until December 18 to receive the opinions of the Brazilian productive sector and list interests, concerns, and opportunities in trade with the United Arab Emirates.
The vice president of Brazil and minister of Development, Industry, Commerce, and Services, Geraldo Alckmin, participated in the launch of the Export Qualification Program (PEIEX) Center in Ribeirão Preto, São Paulo, which aims to qualify 175 companies in the region, 60% of which are micro and small businesses.
The Ministry of Development, Industry, Commerce and Services estimates the country will have a record positive trade balance in 2023, with USD 93 billion.
The Ministry of Development, Industry, Trade and Services expects the 2023 Brazilian trade balance to post the highest surplus ever due to the declining prices of leading imports.
Taking office as Minister of Development, Industry, Commerce, and Services this Wednesday (4), the Vice President of the Republic, Geraldo Alckmin, said he would work with Apex to reposition Brazil’s image in the world.
The result came from USD 4.84 billion in foreign sales, with imports coming out to USD 5.96 billion.
The second week of August saw USD 3.4 billion in exports and USD 3.7 billion in imports, leading to a USD 277 million deficit.
Exports totaled USD 548.6 million in June, against USD 210.8 million in the same month of 2017. The hike occurred after the North American government imposed new tariffs on the product.
Brazil’s foreign trade had USD 5.5 billion in exports and USD 3.6 billion in imports in July’s third week.
Last month saw USD 19.2 billion worth of exports from the country, with imports reaching USD 13.2 billion and leading to a USD 5.9 billion surplus.
The surplus is the result of USD 8.8 billion in exports and USD 5.7 billion in imports in the month’s first two weeks.
Brazil saw a surplus of USD 6.142 billion in April, 12% less than in the same month of 2017. Exports declined and imports went up.
The forecast points to a USD 50 billion trade surplus in 2018.
