Brazil stepped up by 29.2% its revenue from exports to the Arab countries year to date through April. Exports went from USD 4 billion from January to April 2021 to USD 5.2 billion year to date. The leading export from Brazil to the Arab market year to date through April, in values, was iron ore. The second leading export was poultry at USD 882 million, up 23% in values. The third leading export from Brazil to the Arabs this year has been sugar, at USD 728 million, up 15% in revenue, but down 5% in volume. Fourth came soybeans, up 100% in revenue to USD 518 million and 48% in volume. Taken together, the Arab countries remain as Brazil’s third-leading market overseas, only behind China and the United States. The leading buyers of Brazilian products in the Arab world are Egypt, in first place, followed by the United Arab Emirates, Saudi Arabia, Algeria, and Bahrain, in that order.
Sources: ANBA – Brazil-Arab News Agency/Datamar News