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Arabs Buy
US$ 1 Billion from
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Brazilian
Flag Is Big Star at
Arabs Buy US$ 1
Billion from
Written by Geovana Pagel
Brazzil Magazine
Monday, 17 November 2008
Exports from
The meat complex grew 54%, rising from US$ 168 million in October 2007, to US$ 259 million in October 2008. Sugars, in turn, leapt from US$ 105 million to US$ 231 million, in the same period, growth of 119%.
The list of products that grew most included non-traditional products in the trade basket to the region, like copper, oil and grain, with growth of over 300%. Copper rose from US$ 193,000 to US$ 15.8 million. Maize, which was not exported in 2007, this year generated US$ 29 million. Soy oil, which in October 2007 generated just US$ 3 million, leapt to US$ 52 million in October 2008, growth of over 1000%.
The main Arab destinations for Brazilian exports in the
month of October were
"The Arab countries are the part of the world where there is a large volume of surplus cash. In times of crisis, which the world is now facing, they have become even more important partners," stated Antonio Sarkis Jr, president at the Arab Brazilian Chamber of Commerce.
"They are markets in which the exporter may trust. The result is that those who bet on it and had faith in it are now picking the fruit. In the month the crisis became stronger worldwide, Brazilian exports to the region grew almost 70% when compared to the same period last year. That is very significant," he said.
Brazilian imports from the Arab nations, in turn, grew 28%
in October, when compared to the same month in 2007. The main suppliers were
In the accumulated result for the year, Brazilian exports to the Arab nations reached US$ 8.06 billion, growth of 38.4% over the same period last year. "This growth is much greater than the average growth of Brazilian exports to the world, which rose 28% in the period," pointed out Rodrigo Solano, the Market Development manager at the Arab Brazilian Chamber.
According to him, this growth was above the sales to
important and traditional markets that are destinations for Brazilian exports,
like
Among the main Arab destinations are
Also in the accumulated result for the year, Brazilian imports originating in Arab countries presented growth of 90.68%. They rose from US$ 4.86 billion from January to October 2007 to US$ 9.28 billion in the same period in 2008.
All groups of Arab countries presented significant growth in
their sales to
In the evaluation of Sarkis,
bilateral trade between
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Brazilian Flag Is Big
Star at
Written by Geovana Pagel
Brazzil Magazine
Monday, 17 November 2008
In Iraq, the most sought products at the stand of the Arab
Brazilian Chamber of Commerce during the Kurdistan DBX Trade Show, which ended
last Friday, November 14, were beef and poultry, sugar, auto parts for
Volkswagen, Volvo and Scania vehicles, electric
generators and engines, wooden doors, building material, flooring and tiles,
and medical and hospital material.
The fair was held in the city of
According to the secretary general at the Arab Brazilian
Chamber, Michel Alaby, the
fondness that Arabs have for
Alaby stated that, during the days
that he spent in the region, he noticed a lack of trustworthy statistical
information concerning the Iraqi economy. "There is a strong presence of
Turkey and Iran, which are leading suppliers of foodstuffs, kitchen furnishing,
household utensils, refrigerators, air conditioners, among other products,
including auto parts and leather footwear," he said.
Currently, Kurdistan purchases Brazilian meats and sugar via
According to Alaby, the import
tariff for food is 5%, and for consumer goods in general, 10%. "There is
strong presence of the State in imports, because it is in charge of issuing the
import licenses. The Brazilian businessmen must have a local agent with deep
knowledge of the licensing system," he said.
The fair had 270 exhibiting companies. Highlights among
products showcased are generators, electric engines and equipment, air
conditioners, construction material, flooring and tiles, wood and doors,
plastic tubes, vehicles, computer equipment, galvanized steel pipes, food and
beverage, medical and hospital equipment, electric cables and wires,
geophysical equipment, bullet-proof and security glasses, electric circuit
breakers, furniture and pharmaceutical products.
"In terms of rates, 40% were from Turkey, 10% from
Iran, 10% from Germany, 5% from Japan, 5% from Italy, 7% from India, 5% from
Malaysia, 3% from Spain, 3% from Pakistan, 4% from China, and the remaining 8%,
from other countries," estimated Alaby.
In the last three days of the event, the stand received lots
of visitors, among them the director general at the Al Khadi
Group, Thabit Alkadhi, who
was interested in sugar, beef and poultry, and foodstuffs in general. "He
owns offices in
Another company interested in chicken meat, furniture,
flooring and tiles for households was Shaho Khalid
General Trading. The owner, Shaho Khalid, presently
imports chicken and construction material from
"He has been purchasing auto parts for the Brazilian Passat automobile from
On Friday, the stand was visited by members of the board of
the Chamber of Commerce and Industry of Suleimaniya,
by the president, Hassan Baqi Hawrami,
the vice president, Baban A. Hamasour,
and by one of the members of the Board, Othman H. Fatah.
"We discussed imports of sugar, chicken meat and beef.
Currently, they import via
The Brazilian stand also attracted the attention of
businessmen interested in exporting their products. Such is the case of New
Plastic Industrial Co, headquartered in
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