International trade has been facing an increase in maritime freight prices, affecting the transport of goods between Brazil and the Arab market. “It’s impacting everyone,” says the executive director of Primo Logística, Augusto Ferraiol. Operations with the Arab market involve imports from Egypt to Brazil and exports from Brazil to Egypt, the Emirates, Saudi Arabia, Libya, and Jordan. The commercial manager of TFA Cargo Logistics, Almir Baptista, notices a general increase in prices for ocean freight and difficulties in contracting cargo transport via ships. “For exports, the availability of ships and equipment is very complicated, not only to the Arab countries but in America in general,” he says. The high price of shipping has been felt mainly since the end of last year, but it is a story that began in 2020 with the beginning of the Covid-19 pandemic. Industrial stoppages in some regions of the world and difficulty obtaining raw materials in others changed the production volumes and addresses, affecting the scales and the coming and going of cargoes between countries. “It’s as if there was a misconfiguration of world trade,” says the Brazilian Foreign Trade Association (AEB) president, José Augusto de Castro.
Sources: Brazil-Arab News Agency/Datamar News