Rubens Hannun, the President of the Arab-Brazilian Chamber of Commerce, revealed that Brazilian imports from the Arab world rose by 18 percent to reach a total value of 7.6 billion dollars compared with 2017, which amounted to a total of 6.4 billion dollars, where the total volume of incoming goods registered approximately 17.6 billion kg.
Hannun added: “Brazil's imports from the United Arab Emirates registered a huge growth of $561 million from $186 million last year, recording an increase of 200 percent, whereas Saudi Arabia topped the list of leading exporters to Brazil in 2018, $2.3 billion, an increase of 23 percent compared to 2017, followed by Egypt with $269 million, Kuwait with $212 million, Oman with $124 million and Bahrain with $116 million in 2018. The volume of goods from Egypt was 1.14 Billion kg, and Kuwait 622 million kg, Oman (391 million kg) and Bahrain (280 million kg).
"The 2018 statistics reflect the importance of the continuous efforts of the Arab-Brazilian Chamber of Commerce in enhancing the existing trade relations between Brazil and the Arab world," Hanoun said.
Source (Asharq Al-Awsat newspaper, Edited)
