Egypt's imports from Brazil record $379.3 million during the first quarter of 2021

Published 2021년 4월 27일

Tridge summary

The Arab Brazilian Chamber of Commerce has reported a notable increase in Brazil's exports to Arab countries, with the first quarter of 2021 seeing a 22.5% rise in volume, totaling $2.91 billion. Egypt emerged as the quarter's third-largest importer of Brazilian goods, with a value of $379.26 million. The main exports include iron ore, food products, and poultry. The trade value between Brazil and Arab countries reached $4.22 billion, showing an 11.24% increase in world exports to Brazil. The chamber is committed to facilitating commercial activities and strengthening economic relations between Brazil and the Arab world.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Arab Brazilian Chamber of Commerce revealed that Egypt ranked third as the largest Arab importer of Brazilian goods during the first quarter of this year, with a value of $ 379.26 million, and indicated that Brazil's exports to Arab countries witnessed a remarkable increase by 22.5% in terms of volume, to reach a value of $ 2.91 billion. During the first quarter of 2021, an increase of 18.2% compared to the year 2020, amid the recent recovery in global trade, adding that the main exports of Brazil to Arab countries are iron ore, food products such as sugar, poultry, beef and grains, explaining that sales of soybeans have grown. The Kingdom of Saudi Arabia topped the list of the largest Arab countries importing Brazilian goods during the first three months of 2021, with a value of $ 526.16 million, followed by Bahrain with a value of $ 406.36 million, then Egypt and the United Arab Emirates with a value of 352.2 million. It stated that the value of trade between Brazil and the ...

Source: Amwalalghad