Brazil's exports to Arab nations hit record $15 B in FY 2023
The trade relations between Brazil and Arab countries have prospered over the years. According to the Brazil import export data , around $15 billion worth of exports from Brazil to Arab countries. As compared to previous year’s $14 billion exports, there is a surge of 9% in the exports from Brazil to Saudi Arabia. Poultry meat, gold, sugar, meat, wood pulp and iron ore are the key exports of Brazil to the Arab emirates. Whereas, Brazil import data , Brazil’s imports from Arab countries are recorded to be $8.23 billion during FY 2023. The major imports of Brazil from Arab countries include petroleum products, electronics equipment, sulphur, aluminium and fertilizers. Saudi Arabia, Egypt, Qatar and Kuwait are some of the most prominent markets for Brazil’s imports and exports. During this period, Brazil’s top trading companies were Ternium procurement, Vale International, Enerfo and Philip Morris Products. Among Arab Countries, Saudi Arabia emerged as the top trade part...