Year-to-date through May saw 730,000 bags shipped to that part of the world, up 52% year-on-year. Sales soared last month.
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The goal was presented by Dubai Multi Commodities Centre (DMCC) president Ahmed Bin Sulayem during the Global Business Forum for Latin America in Panama.
RCMA Group Brazilian office will show at Arab Brazilian Chamber pavilion in fair to be held in Dubai from February 17 to 21. Branch in São Paulo deals with sugar.
Foreign sales of basic goods rose 2.7% in September, while sales of other items dropped 7%, according to Fundação Getulio Vargas (FGV).
Brazilian foreign sales are concentrated mainly on basic goods, but measures are being taken for finished products to increase their share.
Commodities led Brazil’s exports in July, in both value and volume, according to Fundação Getulio Vargas.
The AEB estimates that foreign sales will reach USD 224.445 billion in 2018, up 3.1% from 2017. The original projection was for a 1.1% increase.
The price index of commodities produced in Brazil increased 4% over March, according to the Brazilian Central Bank (BC). This year, the index has risen 3.64%.
IMF forecasts a world growth of 3.9% in 2018 and 2019. Recovery in commodity prices will help developing countries.
