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FINANCIAL NEWS
Arab countries’ exports to Brazil reach USD4b in H1
12 Sep 2012
(MENAFN) The Arab-Brazil Chamber of Commerce (ABCC) stated that during the year’s first half, the Arab world’s exports to Brazil reached around USD4 billion, reported The Peninsula.
The ABCC said that during the period, the region’s imports from the Latin American country were at USD3.6 billion.
It added that the region’s exports to Brazil included mineral fuel, oil and fertilizers, on the other hand, imports from the country included mainly sugars, meat, ores, slag, ash and cereals.
It is worth noting that Saudi Arabia is Brazil’s main trading partner in the Arab world, with over USD720 million in imports and USD1.4 billion in exports.
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