News

Exports from Brazil to the Arab market grew 18%

United Arab Emirates
Brazil
Published May 5, 2021

Tridge summary

According to information released by the Arab Brazilian Chamber, Brazilian sales to the Arab countries advanced in the first quarter; vaccination is boosting markets in the region

Original content

The advance of vaccination against covid-19 in the Arab countries gave impetus to exports from Brazil to the region in the first quarter of the year, according to data released on Monday (03) by the Arab Brazilian Chamber of Commerce. Sales from Brazil to the 22 countries that are part of the Arab League totaled US $ 2.91 billion in revenue from January to March this year, which meant an increase of 18.2% in comparison with the first three months of last year. The growth in volume was even greater, at 22.5%. “In addition to having started vaccinations earlier [at the end of last year], the Gulf Arabs have instituted immunization passports for entry into their territories and extensive testing actions. These measures helped to contain the number of cases and make economic activity feasible. What we see at that moment is the growth in domestic demand, "explained the secretary general at the Arab Brazilian Chamber, Tamer Mansour, in material from the institution. Foods such as sugar, ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.