Egypt, Tunisia discuss boosting trade, eye stronger role in Africa    China's Sailun breaks ground on $1bn tyre factory in Egypt's SCZONE    Iran, IAEA strike deal to resume cooperation in Cairo with Egypt's mediation    BP signs MoU to drill five offshore wells in Mediterranean    SCZONE showcases investment opportunities to Peru's ambassador    Israeli airstrikes target Hamas leaders in Doha; Qatar vows response    Egypt's FM meets Iranian counterpart in Cairo for nuclear, regional talks    Egypt's Sisi slams Gaza 'war of starvation' at BRICS, discusses truce with US CENTCOM chief    Egyptian government charts new policies to advance human development    Egypt, Spain discuss expanding health cooperation, support for Gaza    Egypt marks International Day of Clean Air at Wadi Degla Protectorate    Egypt advances plans to upgrade historic Cairo with Azbakeya, Ataba projects    Egyptian pound ends week lower against US dollar – CBE    Egypt expresses condolences to Sudan after deadly Darfur landslides    Egypt hosts G20 meeting for 1st time outside member states    Lebanese Prime Minister visits Egypt's Grand Egyptian Museum    Egypt to tighten waste rules, cut rice straw fees to curb pollution    Egypt seeks Indian expertise to boost pharmaceutical industry    Egypt prepares unified stance ahead of COP30 in Brazil    Egypt recovers collection of ancient artefacts from Netherlands    Egypt harvests 315,000 cubic metres of rainwater in Sinai as part of flash flood protection measures    Egyptian, Ugandan Presidents open business forum to boost trade    Al-Sisi says any party thinking Egypt will neglect water rights is 'completely mistaken'    Egypt's Sisi, Uganda's Museveni discuss boosting ties    Egypt, Huawei explore healthcare digital transformation cooperation    Foreign, housing ministers discuss Egypt's role in African development push    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt receives 16.65% of Brazilian exports, ranks third in Arab world
Brazilian exports to the Arab world amounted to $5.24bn in the first half of 2016
Shaimaa Al Aees Published in Daily News Egypt on 26 - 07 - 2016

Egypt received 16.65% of total Brazilian exports─equivalent to a value of $872.79m─in the first half (H1) of 2016, according to the Arab Brazilian Chamber of Commerce (ABCC).
Brazilian exports to the Arab world amounted to $5,242.71bn between January and June of the current year.
Michel Alaby, secretary general and CEO of ABCC, said that he is optimistic about the state of trade between Brazil and the Arab world.
The ABCC stated that Saudi Arabia received the most exports at 23.71%, at a value of $1,242.91bn. It is followed by the United Arab Emirates at 17.36%. Qatar ranked fourth with 2.33% of total Brazilian exports, followed by Kuwait at 2.08%.
The most exported commodity was meat, making up 34.88% of total export value, and accounting for $1,828.40bn of exports to the Arab World.
Sugar was the second largest export at 26.62%, with a value of $1,395.47bn. This was followed by cereals at 6.52% of total exports, valued at $341.64m. 4.63% of exports were made up of ores, slag, and ash ($242.73m), 6.61% inorganic chemicals and rare earth metals ($189m), and 3.03% miscellaneous grain seeds and fruits ($158.94m).
According to the ABCC, cereals marked the highest increase in Brazilian exports to the Arab world over the course of 2015, with an export increase of 113.94%, followed by sugar, which registered a growth of 10.09%.
"We believe these numbers reflect the strong relations between the Arab and Brazilian economies, and we hope it will serve as further encouragement for businesses to explore the infinite potentials that the business environment has to offer," added Alaby. "We look forward to many more fruitful exchanges in the future that will benefit our respective economies and the community at large."

Clic here to read the story from its source.