Arab countries are among the top buyers of Brazil’s agribusiness, according to the country’s National Confederation of Agriculture. The agribusiness GDP is expected to grow by 2% this year.
Browsing: sugar
This year through July USD 31.6 million worth of goods were exported to Syria, a 276% increase compared to the same period last year. Imports are on the decline.
Brazil increased its sugar exports by 27.1% from April to July and continues to enjoy positive prospects in the international market. The sugarcane harvest is expected to be the second-best in history, and sugar production could reach a record high.
Retailers from the Asian country are participating in the Buyer Project in São Paulo this week and compare products from Brazil to the United States’ and the European Union’s.
The top destination in Africa of Brazilian agribusiness goods in the first half of the year, Egypt has dramatically stepped up its purchases of sugar and soybean from the Latin American giant. On the other hand, Egypt supplies a significant volume of fruits to Brazil.
Iron ore, chicken, beef, sugars, and coffee were the top export from Brazil to the North African country in the first half of the year.
Since June 10, 1974, the two countries have maintained diplomatic relations that’ve evolved into an intensive trade. In an exclusive interview with ANBA, the UAE’s ambassador to Brasília, Saleh Alsuwaidi, said cooperation between the countries also encompasses culture, tourism and defense.
Government agency Conab expects a smaller sugarcane crop but a largest sugar production as the market is favorable.
Brazil doubled sugar sales to the Arab market in Q1 and stepped up iron ore exports by 43%, driving up the revenue. Imports of Arab products declined.
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.
The director of International Relations of CNA, Sueme Mori, said Middle Eastern, Asian, and African nations could increase their demand.
SI Global Group executive seeks refined sugar suppliers to distribute across the emirate. The group aims to import some 30 to 60 containers monthly at first. Purchases could increase after these early shipments.
Morshy intends to buy the products in the country to distribute to the Arab and African markets. The company operates in the import and export of a wide range of foodstuffs.
Espírito Cacau is halal-certified and has a new distributor for the entire Gulf region.
