ARAB COUNTRIES DOUBLE THEIR EXPORTS TO BRAZIL

From January to November 2021, Brazil purchased 100.6% more Arab products compared to the same period in 2020. The increase in Arab exports to Brazil takes place in a scenario in which the Brazilian trade balance is operating in a surplus of US$ 3.8 billion. Among the countries that increased sales to Brazil in the year to date, the highlights were the United Arab Emirates and Saudi Arabia. The former exported 253.6% more products to Brazilians, mostly items such as mineral fuels, aluminum, sulfur, and fertilizers. The Saudis, on the other hand, sold 86.9% to Brazil compared to the same period in 2020. The most exported products were mineral fuels, fertilizers, plastics, and aluminum. Notwithstanding, Brazilian exports to the Arab bloc grew by 25.3%, as did bilateral trade, by 48.3%. The Arabs remain in the third position among the main export destinations for Brazil, only behind China and the United States. Among suppliers to the Arab block, Brazil occupies fifth place in the ranking.

Sources: ANBA – Agência de Notícias Brasil-Árabe/Datamar News