• Categories
  • Archives

Brazil’s Agribusiness Exports to Arabs Increase 27%

Meat from Brazil Brazil's agribusiness exports to the Arab countries totaled US$ 1.234 billion in the first quarter, growth of 27% compared with the same period last year. The rise was greater than that of the sector's overall foreign sales, which grew 17.8% in the first three months of 2008. The data were supplied by the Brazilian Ministry of Agriculture.

Among the main products shipped, the ones for which exports grew the most were beef and chicken meat, with sales totaling US$ 684.6 million, growth of 51.3%; grain, flours and their concoctions, at US$ 69.8 million, growth of almost 800%; forestry products, at US$ 39.8 million, growth of 15%; dairy products, at US$ 33.3 million, growth of 140%; tobacco, at US$ 24.5 million, rise of 48%; and other products of animal origin, at US$ 15 million, 379% more.

Other products for which sales have increased significantly were tea, mate tea and spices, at US$ 7.3 million, a rise of 617%; leather and leather products, at US$ 5.8 million, 23.8% more; and fruits, at US$ 5.2 million, growth of 96.7%.

"The meat complex led growth, but other items grew significantly, such as dairy products and fruit", said the president at the Arab Brazilian Chamber of Commerce, Antonio Sarkis Jr. "As we had forecasted early this year, these products are performing well," he stated.

To the director at the Foreign Promotion Department at the Ministry of Agriculture, Eduardo Sampaio Marques, Brazil is one of few countries capable of expanding its agricultural production exports. "And the Arabs are very receptive to Brazilian products. Besides, several economies in the region are growing above the global average," he said.

Economic growth, according to Marques, leads to a rise in consumption of animal protein, that is, foods such as meats and milk. In the case of meats, in addition to the increase in export volume, revenues from exports reflect the increase in the product's price in the international market, a fact that also occurs with many other agribusiness products.

As an example, the director listed wheat, whose price increased twofold in the last twelve months, and rice, which appreciated by more than 100% during the same period.

With regard to grain, flours and their concoctions, Marques explained that Brazil exported large volumes of wheat in the beginning of the year, especially to North Africa. This is a rare phenomenon, as Brazil is one of the leading global importers of the commodity.

Due to logistical problems which make the freight more expensive, according to him, it ends up being more advantageous for farmers in the South of the country to export than to sell to the North and Northeast regions.

"Even though Brazil imports large volumes of wheat, this is good, as it optimizes the business. In order to make up for domestic logistical problems, farmers resort to foreign trade," he declared.

Anba

Tags:

  • Show Comments (0)

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

Brazil Expecting 3,000 Importers from 100 Countries at Francal Shoe Fair

Brazil’s International Trade Fair of Shoes, Fashion Accessories, Machinery and Components (Francal) president, Abdala Jamil ...

Financial Experts Get More Bullish and See Brazil’s GDP Growing 5.47% in 2010

Brazilian Analysts from the financial market have elevated the growth forecast for the Brazilian ...

Shoes Not Only Made In But Also Of Brazil for the Foreign Market

A program for encouraging exports of Brazil made shoes called Brazilian Footwear, is going ...

Ameron Brazil to Export Epoxy Pipes

Plastic pipe company Ameron Brazil Pipe Factory and Trade is investing 45 million Brazilian ...

Brazil Says It’s Ready to Protect the Country Against Ebola

Faced with increasing global concern about an Ebola epidemic in West Africa which has ...

After 44 Back-to-back Days of Rain São Paulo Goes in State of Attention

São Paulo city, in the Brazilian Southeast, had today its 44th consecutive day of ...

Brazil’s Itaíº Bank Celebrating a C Rating by Moody’s

Moody’s, a leading international rating agency, has upgraded Banco Itau’s financial strength rating from ...

He Wants to Put Brazil’s Cachaça in Every U.S. Home Bar

“I like to think of “cachaça” as the new ‘Girl from Ipanema’: smooth, seductive ...

Defiant Brazil’s House Speaker Says He Won’t Step Down

Brazil’s House Speaker, Severino Cavalcanti (from the PP party of the northeastern Brazilian state ...