Data issued by the Arab-Brazilian Chamber of Commerce showed that the value of Brazil’s exports to the member states of the Arab League reached $14.4 billion at the end of last year, an increase of 26 percent compared to 2020, at the highest rate since 2013, supported by strong sales of Raw Iron and Foodstuff.
According to the data, Brazil's total exports of agricultural products rose 9.5 percent to $8.9 billion. Soybean exports jumped 97.5 percent to $638 million. The Arab League countries also bought $1.04 billion worth of corn from Brazil.
Chicken sales increased about 22 percent to $2.4 billion. Iron ore sales also jumped by 173 percent to $3.8 billion in 2021, making it the most valuable single commodity in trade with Arab League member states.
Although beef sales fell 5 percent to $920.6 million and sugar exports by 4 percent to $2.75 billion last year, the data showed that countries including the UAE, Saudi Arabia, Bahrain and Egypt are among Brazil's main trading partners.
Source (Al-Arabiya.net Website, Edited)
