{"id":45743,"date":"2013-09-01T07:00:00","date_gmt":"2013-09-01T09:00:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/trading-companies-exports-to-arabs-down-43-5\/"},"modified":"2024-02-21T22:21:29","modified_gmt":"2024-02-22T01:21:29","slug":"trading-companies-exports-to-arabs-down-43-5","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/trading-companies-exports-to-arabs-down-43-5\/","title":{"rendered":"Trading companies\u2019 exports to Arabs down 43.5%"},"content":{"rendered":"<p>S&atilde;o Paulo &ndash; Brazilian trading companies&rsquo; exports to the Arab market were down 43.5% year-to-date through July this year, according to figures from the Brazilian Ministry of Development, Industry and Foreign Trade. Trading companies posted a combined US$ 1.27 billion in revenues from exports to Middle East and North Africa countries from January through July 2012, as against US$ 717.4 million in the same period this year.<\/p>\n<p>The leading Arab importer of products by Brazilian trading companies in the first seven months this year was Oman. However, the country&rsquo;s imports were down 8.7%, from US$ 281.1 million to US$ 256.6 million. The second leading importer, Saudi Arabia, reduced its imports by an even higher rate, from US$ 292.1 million to US$ 126.7 million, down 56%. Egypt, the third leading importer, reduced its purchases from Brazilian trading companies from US$ 197.5 million to US$ 109 million, down 44.5%.<\/p>\n<p>Libya, the fourth leading importing country for Brazilian trading companies, upped its imports by 49.6% during the period, from US$ 56.3 million to US$ 84.2 million. The fifth leading Arab destination, Algeria, imported 11.3% less, from US$ 36.7 million to US$ 32.5 million. Other Arab countries which have imported products from Brazilian trading companies, albeit in smaller amounts than in 2012, were Tunisia, Emirates, Morocco, Qatar, Kuwait, Yemen, Jordan, Iraq, Bahrain, Syria, Djibouti, Mauritania and Comoro Islands. The only countries whose imports grew were Lebanon, Sudan and the aforementioned Libya.<\/p>\n<p>Overall, Brazilian trading companies&rsquo; exports were down 3.75% in the first seven months this year from the same period in 2012. Trading companies&rsquo; export revenues amounted to US$ 13.6 billion, as against US$ 14.1 billion in the same period last year. China was the leading export target, up 16% to US$ 5.8 billion. Japan ranked second, up 3.25% to US$ 1.1 billion. Ore, soy and maize were the main products shipped. <\/p>\n<p>In July alone, trading companies&rsquo; exports were down 12%, from US$ 2.2 billion to US$ 1.9 billion. China and Japan were the two leading buying countries, and the most shipped products last month were ore, soy, and maize. <\/p>\n<p><strong>*Translated by Gabriel Pomerancblum<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-185461\">Appa<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sales to Arab countries dropped from US$ 1.27 billion year-to-date through July 2012 to US$ 717.4 million in the same period of 2013. The main products shipped abroad are ore, soy and maize.<\/p>\n","protected":false},"author":2316,"featured_media":185461,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-45743","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy"},"wps_subtitle":"Sales to Arab countries dropped from US$ 1.27 billion year-to-date through July 2012 to US$ 717.4 million in the same period of 2013. The main products shipped abroad are ore, soy and maize.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=45743"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/45743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/185461"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=45743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=45743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=45743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}