Brazilian exports to the Egypt surged by 41% in the previous year, while imports rose by 18%. “The improvement in the diplomatic relationship between Brazil and Egypt is a consequence of the strengthening of this commercial relationship, which means more opportunities and jobs for Brazilians and directly reflects on our economy,” said the minister of Agriculture and Livestock, Carlos Fávaro. Egypt has the potential to expand its sales and has grown to be a significant provider of potassium-based fertilizers. The most popular commodities are corn and sugarcane, and beginning this year, Brazilian cotton may be added to the list of exports.
Sources: Global Fert/Band (*Translated by Ia Niani)