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Brazil
28.11.23 16:16
Economics

Brazil is developing economic relations with Arab states

Trade reached 15.767 billion dollars, 9.35% higher than in 2022 (14.42 billion dollars)


Significant imports and exports epitomise the strengthening ties between Brazil and Arab countries. The Arab-Brazilian Chamber of Commerce (ABCC) is actively working to attract Brazilian goods to the Arab market.

The main products exported from Brazil to the Arab world are beef and poultry. This is reported by Daily News Egypt, a partner of the TV BRICS.

The statement noted that Saudi Arabia ($2.937 billion), the UAE ($998 million) and Qatar ($605m) are the main suppliers of goods from the Arab world to Brazil. In addition, exports to Brazil also increased from Egypt ($439 million) and Kuwait ($323 million).

These strong figures indicate a desire to develop strong bilateral relations with the region.

Photo: IStock


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