Arabs Increase Buys from South of Brazil by 52%

    Building material from Brazil

    Building material from Brazil Sales from the state of Paraná, in the Brazilian South, to the Arab market once again rose above the average to other destinations. While exports to the Middle East and North Africa rose 52% in the first quarter of this year, over the same period last year, shipments from the state to other areas of the world rose 28%.

    The calculations are based on figures by Brazil's Ministry of Development, Industry and Foreign Trade.

    Between January and March 2008, exports from the state of Paraná totaled US$ 3.1 billion. Of this total, US$ 196.2 million were turned to the Arab market, or around 6% of the total.

    "This shows that trade relations between Paraná and the region have great space for growth," stated Yasser Mohamed Hassan, from AraBras International Trading. In the first quarter of 2007, sales from the state to the Arabs totaled US$ 129.1 million.

    "Exports not just from Paraná, but also from Brazil and from the world to the Arab market have been growing, among other reasons, due to the increase in income in the region," explained Reyadh Nassir Hanna.

    A Brazilian of Iraqi origin, he established roots in Dubai, in the United Arab Emirates, where he is setting up a trading company turned to the sales of building materials.

    According to him, the appreciation of oil irrigates the countries of the region, promoting greater income for and demand from their populations.

    Apart from that, he points out, the Arab market has many niches to be explored: apart from building material, food, engines, vehicles, machinery and equipment, which opens several opportunities for the Brazilian industry.

    Bilateral trade between Paraná and the Arab countries has also presented expressive growth. When comparing the first quarter of 2008 with the same period last year, the growth was 30.1%. Between January and March this year, the total of exports and imports from the state to North Africa and the Middle East totaled US$ 233.2 million, against US$ 179.3 million last year.

    According to figures supplied by the Ministry, in the first three months of 2008, total imports into Paraná totaled US$ 2.74 billion, presenting growth of 55.68%. Despite the growth of imports, the state maintained a trade balance surplus, of US$ 352 million.

    In the export basket of the state of Paraná in the period, the highlights were in grain, vehicles, meats, soy oil and sugar. Among the imported products, the most purchased items were crude oil, wheat, vehicles, accessories for vehicle bodies, fertilizer and gearboxes.

    In the evaluation of the Industry, Trade and Mercosur Affairs secretary for the State of Paraná, Virgí­lio Moreira Filho, exports this quarter revealed greater balance between primary products, like grain, and higher value added products, like vehicles.

    "In the case of imports," says Moreira Filho, "it is clear that productive sectors are investing and increasing production, especially the automotive, with the purchase of parts and accessories to supply the national demand."

    Omar Nasser works for Fiep, the Federation of Industries of the State of Paraná.

    Tags:

    • Show Comments (1)

    • ..

      Arabs Increase Buys from South of Brazil by 52%
      It is not a big surprise. The Arabs have strong ties with the state of PR, which welcomes people of all nationalities,religions,etc; Look at the evolution of that state during the past 30 years and you will discover that the stats speak for themselves.

      Kudos to Omar Nasser for having written a short and informative article.

    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

    Mussum Obama

    Celebrating Olympics Brazilians Take Over Twitter with Irreverent and Risquí© Crí©u

     Brazilians celebrated their victory over Chicago, Tokyo and Madrid and the right to host ...

    When Lover Is a Four-Letter Word

    A hit new TV show in Brazil compares women to mares. Meanwhile the mainstream ...

    Learning to survive and thrive in Brazil

    For Americans relocating to Brazil the move is frequently a cultural shock. How do ...

    Brazil: ‘It’s Natural to Enrich Our Uranium at Home’

    Brazil has major uranium reserves, and it’s only natural that we do not want ...

    Brazil: Expect a No-Bubbles Growth

    According to Brazil’s Central Bank president, Henrique Meirelles, the country is ready for renewed ...

    Brazil Is Betting Disarming Will Lower the Killing

    More than 40,000 people in Brazil are killed each year by firearms. The problem ...

    Brazilian Shoe Stylist Does Work for Bebe and Guess

    The designer of feminine shoes Meline Moumdjian, owner of the brand of luxury shoes ...

    Government’s Conference on Indians Has No Legitimacy, Say Brazilian Indians

    The 550 indigenous leaders gathered in the 2006 Acampamento Terra Livre (Free Land Camp) ...

    Exports Up in Brazil with US$ 34 Billion Surplus for the Year

    Brazil has exported US$ 12.549 billion in September. On the other hand imports reached ...

    Brazilian Gol Gets Nod as Aviation Week’s Best Performing Airline in the World

    Brazilian Airline Gol was rated the world’s best performing airline in 2005 by Aviation ...