Brazilian exports to the Arab nations decreased and revenue from July 2021 to June this year dropped. The cycle was of lower production, but the Arab bloc also diminished its share.
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Beef shipments in February declined by 6% year-on-year. China reduced purchases.
The Arab countries stood out among the Brazilian products’ buyers, purchasing 121,700 60-kg bags of the product in January.
Exports daily average stood 10.5% above the one registered in October’s first week, according to the Ministry of Industry, Foreign Trade and Services (MDIC).
Brazil shipped out over 1 million bags to the Arab market from January to September. Until August, exports had been declining.
