From January to July 2021, the shipped volume declined. However, revenue from foreign sales grew. Egypt was the fourth largest buyer.
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In January, Brazil’s revenue from exports to the Arabs climbed 74% from a year ago.
The Brazilian state-run utility company had posted USD 528 million in losses in Q3 2018. Revenue was up 9.7% and Ebitda increased by 303%.
Months is marked by seasonal revenues, such as income tax and oil royalties, which caused Brazilian public accounts to see a positive balance.
The country shipped out 364,000 tons last month. Revenues dropped 8.8%, to USD 582 million.