BRAZIL’S TRADE WITH KUWAIT GROW 50,4%

Brazil’s trade with Kuwait grew by 50.4% from January to November this year compared to the same period last year. Transactions reached USD 956 million. Brazil earned USD 380.4 million from exports to Kuwait from January to November this year, a 53.3% increase. The largest portion of this amount, USD 289 million, was from chicken meat exports, which grew by 51.7% compared to the same period in 2023. On the other hand, Kuwait grossed USD 575.5 million from shipments to Brazil, a 48.5% increase in the first 11 months of this year compared to the same months in 2023. In this case as well, one product dominated the trade—oil, whose exports to Brazil totaled USD 572.2 million.

Sources: ANBA/Datamar News