The Arab Brazilian Chamber of Commerce (ABCC) recorded a surge of 8 per cent in Brazilian exports to the Arab world during the first seven months of 2023, totalling to USD 10.61 billion, compared to USD 9.825 billion in the same period in 2022.Brazilian exports to the Saudi Arabia totalled to USD 1.873 billion in the first seven months of 2023, while exports to Qatar stood at USD 155.91 million during the same period. Kuwait also witnessed an increase in the Brazilian exports, which amounted to USD 157.78 million during the first seven months of 2023, while the exports to Egypt totalled to USD 1.163 Billion in the same period. The exports to the United Arab Emirates (UAE) amounted to USD 1.646 billion.
ABCC reports stated that poultry and bovine animal meat, ores, slag, sugars, cereals, oil seeds and soya beans, natural or cultured pearls, precious metals, jewellery, coffee, tea and spices were the top exported products to the Arab nations.
Osmar Chohfi, President of ABCC said: “The Arab Brazilian chamber of Commerce (ABCC) plays an essential role in strengthening the ties between Brazil and the Arab world. These positive figures indicate the strong and expanding trade relations between both sides. Through our various strategic initiatives and dedicated efforts, the chamber has significantly contributed to increasing Brazilian exports to the Arab region. The consistent growth in Brazilian exports to the Arab countries further underscores the unwavering commitment of both regions to foster mutually beneficial economic ties.
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