Arab Brazilian trade (exports and imports) reached $7.18 billion in the first quarter of 2023, compared to $6.59 billion, a growth of 8.9 percent.
The Arab Brazilian Chamber of Commerce revealed that the volume of Brazilian exports to Arab countries in the first quarter of this year increased by 14 percent with a total value of $ 4.42 billion, compared to $ 3.87 billion during the same period last year. Brazil's imports from Arab countries jumped 1.7 percent to $2.76 billion in the first quarter of this year, compared to $2.72 billion during the same period last year.
The significant growth in the volume of exports and imports of goods and services between Brazil and the Arab world in the first quarter of this year confirms the expansion of strong trade relations between the two sides.
Source (Al Khaleej Emirati Newspaper, Edited)
