The Arab market has a significant share among the destinations of sugar exported by Brazil. Last year, the region accounted for 23% of the country’s total product exports. According to data from Brazil’s Foreign Trade Secretariat (SECEX), compiled by the Arab Brazilian Chamber of Commerce (ABCC), Brazil exported USD 11.2 billion in sugar in 2022, a 20% increase over 2021. The figure translates to 27.4 million tonnes. Algeria clinched second place as the leading importer of Brazilian sugar in 2022, with USD 778.6 million in purchases. Morocco ranked fourth with over USD 636 million. The United Arab Emirates, Saudi Arabia, and Egypt came eighth, ninth, and tenth, respectively. China was the leading importer of Brazilian sugar last year, with USD 1.6 billion in revenue.
Sources: ANBA/Datamar News