Exports of Brazilian Agricultural Products to Arabs Up 23%

Brazilian agribusiness exports to the Arab countries generated US$ 2.583 billion between January and September this year, an increase of 23.4% in comparison to the US$ 2.093 billion of the same period last year. The figures are from Brazil’s Ministry of Agriculture.

The growth of sales to the Arabs was much greater than that registered in total of the Brazilian sector shipments, which totalled US$ 32.4 billion, or 8.8% more than in the first nine months of 2004.

"The figures shows that the Arab market still presents a great potential to be won, and Brazilian exporters are doing just that, even without such favorable conditions on the foreign scenery," stated the president of the Arab Brazilian Chamber of Commerce, Antonio Sarkis Jr., referring to, for example, the strong appreciation of the Brazilian real against the US dollar. He recalled that the countries in the region import 90% of the food they consume.

The main destinations in the first nine months of this year were Saudi Arabia, which imported the equivalent to US$ 574.5 million, 25% more than in the same period last year, Egypt, whose sales purchased US$ 411.8 million, a growth of 42.7%, the United Arab Emirates, to where the shipments generated US$ 360.5 million, with a 1.58% drop, Algeria, with imports of US$ 241.9 million in agribusiness products, an increase of 31%, and Morocco, to where the exports generated US$ 218.5 million, or 38.6% more.

"Algeria, for example, has been gaining importance in recent years. In the past the country imported very little," stated Sarkis. The main products shipped to these five countries were cattle beef and chicken, sugar and soy complex products (oil, chaff and grain).

However, the countries that grew most as export destinations for Brazilian agribusiness were Sudan (237.8%), Djibouti (113.7%), Jordan (99%), the Comoros (87%) and Yemen (82.5%). Yemen is already in the sixth position among the main Arab buyers, with imports of US$ 143.7 million between January and September.

In the Month, 20% Growth

In September alone, sector exports to the region generated US$ 334.3 million, against US$ 277.7 million in the same period in 2004, an increase of 20.3%. Total agribusiness shipments were US$ 3.82 billion, presenting a small drop of 0.5% in comparison to the same month last year.

In Sarkis’ evaluation, the September performance reflects, among other facts, the stocking prior to Ramadan, the Muslim holy month, which began on October 04.

The main destinations in the month were Saudi Arabia, the United Arab Emirates, Egypt, Algeria and Morocco. The markets that grew most, however, were Iraq, Sudan, Qatar, Djibouti and Bahrain.

Anba – www.anba.com.br

Tags:

  • Show Comments (2)

  • bubbles

    this sucks
    🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 🙁 :- :- :- :- :-

  • catalina

    hello
    🙂 😉 😀 😉 🙁 🙁 😮 8) 😛 :- :-* 😥

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Ads

You May Also Like

UN’s Food Program Honors Lula and Brazil With Medal

"Now I finally have a diploma." It was with this jocose remark that Brazilian ...

Arab League Wishes to Reopen Its Offices in Brazil

The reopening of the representation office for the League of Arab States in Brazil ...

Lula Says Brazil Remains Committed to Haiti and Will Probe General’s Death

In a note, Brazilian President Luiz Inácio Lula da Silva expressed profound sadness at ...

Brazilian Agricultural Exports to Arabs Grow 15%

Brazilian agribusiness exports to the Arab market added up to US$ 316.69 million in ...

Brazil Becoming a Cocaine Producer

Cocaine production in Brazil is beginning to worry international agencies. The representative to Brazil ...

World Hunger: Blame It on Farm Subsidies and Oil Prices, Says Brazil

During his current visit to Ghana, in Africa, Brazilian President, Luiz Inácio Lula da ...

Brazilian Embraer's Phenom 1000

Brazil’s Embraer Sells Four Jets to the Irish

Brazil's aircraft maker Embraer and Ireland-based Premier Aviation signed a contract for four Phenom ...

Jovino’s Alchemy

Last December, when Brazzil interviewed composer, flautist, and keyboardist Jovino Santos Neto, he spoke ...

Brazil’s Lula Meets Obama with an Eye on His Own Legacy

The visit of Brazil’s president to the White House on March 14, 2009, is ...

Boeing 777-300ER with the TAM logo

Brazil’s TAM Becomes First LatAm Carrier to Fly the Boeing 777-300ER

Brazil's largest airline TAM and American aircraft manufacturer Boeing announced today  conclusion of a ...