BRAZIL EXPORTS TO ARAB NATIONS SET HISTORICAL RECORDS

Exports from Brazil to the 22 countries of the Arab League of nations generated record revenue of $17.7 billion in 2022, a 23.06% rise over the previous year. the highest since 1989, the Arab-Brazil Chamber of Commerce said on Thursday. In the historical series, the outcome was the best. Agriculture products were widely used in agro-Brazil exports to the group of 22 Middle Eastern and North African nations, accounting for 70.87% of sales in 2022. Leading the list of goods sent to the area were sugar, iron ore, grain, soy, beef, and cattle-related items. The United Arab Emirates, Saudi Arabia, Egypt, Algeria, Bahrain, Morocco, Oman, and Qatar were the main destinations.

Source: Forbes Brazil (*Translated by Ia Niani)