Brazil-Arab Trade Grows to US$ 12 Billion Favoring Brazilians

The trade flow between Brazil and the Arab countries, i.e. exports plus imports, reached US$ 12.04 billion in 2006, a 14.47% increased compared with 2005.

According to data disclosed this January 10 by the Arab Brazilian Chamber of Commerce, Brazilian exports yielded US$ 6.67 billion, 28.13% more than in 2005, and imports amounted to US$ 5.37 billion, a 1.08% increase. Total exports from Brazil increased 16.2%.

The Brazilian trade balance with the Arabs, i.e. exports minus imports, saw a surplus of US$ 1.3 billion. "This was not the first time that Brazil had a surplus in the trade balance with Arab countries, but this was the highest one ever recorded," said the president of the Arab Brazilian Chamber, Antonio Sarkis Jr., during a press conference carried out at the organization's headquarters, in the southeastern Brazilian city of São Paulo.

According to Sarkis, several factors contributed to increasing exports, such as the appreciation of commodities such as sugar and iron ore – sugar had a strong participation in exports to the Arabs -, the entry of new, higher value-added products into the exports basket, such as aircraft, and the commercial promotion actions carried out by the Arab Brazilian Chamber, several of them in partnership with the Brazilian Export and Investment Promotion Agency (Apex).

Agribusiness products answered to two thirds of total Brazilian exports, or US$ 4.4 billion. "The growth in agribusiness exports was much higher than the national average," said Sarkis. Overall, exports from Brazil in the sector increased 13.4% in 2006.

According to Sarkis, the small increase in imports was due to the fact that Brazil, which imports mostly oil and derivatives from the Arabs, became self-sufficient in the production of the commodity in 2006.

Nevertheless, he claimed that the Chamber is seeking to promote other Arab products in Brazil, in order to restore the balance.

Anba –


  • Show Comments (2)

  • DavidB

    Those that don’t appreciate Brazil are welcome to try their luck elsewhere.

  • agroman

    Why nobody comment when something is positive? Envy maybe

Your email address will not be published.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.


You May Also Like

Brazil Finds Out Principles for Responsible Investing

The United Nations Environment Program (UNEP) launched, Wednesday, May 10, in Rio, Brazil,  the ...

Dramatic Fall in US Imports of Brazil Ethanol: from 376 million to 22 million liters

Rainfall during much of June in the sugarcane growing areas of South-Central Brazil reduced ...

Soccer: Brazil to Host 2014 World Cup

The president of the Chilean Football Association Reinaldo Sánchez almost but confirmed Brazil as ...

Brazilians Love to Talk to Anyone at Any Time

It’s 3 a.m. in Brazil, and birds are singing outside my window. In the ...

Crime and Impunity

Many in Brazil felt impunity had taken a major hit back in 1992, when ...

Snubbed by Brazil and Paraguay, Venezuela Seems a Little Further from Mercosur

Addressing a conference on relations between Mercosur and the European Community in Porto Alegre, ...

Fish: Brazil Goes for the Big Catch

With expectations that world demand for fish will rise by 60 million tons in ...

Over 5,000 Cases of Dengue in Rio This Year, a Ten-Fold Increase

In Brazil, the number of cases of dengue officially registered in the metropolitan region ...

Organic Farmers from Brazil Show Their Stuff at Nuremberg’s Biofach

The Biofach, the world largest international fair for organic products, gets underway this Thursday, ...

World Bank Helps Improve Slums in Brazil

The World Bank plans to expand its investments in urban infrastructure all around the ...