The Arab African country recorded a decline in its economic activity in 2024 due to reductions in exports, imports, and lower credit lending.
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The event will take place from Monday (19) to Wednesday (21) in the city of São Paulo. Around 10,000 buyers are expected, including importers from Saudi Arabia, the United Arab Emirates, Libya, and Kuwait.
Experts from the São Paulo Supermarket Association say the presence of imported products has grown in Brazilian stores and that the organization is working to facilitate their entry. A survey shows that Brazilian consumers are changing habits due to climate change.
According to the Libyan ambassador in Brasília, Osama Ibrahim Ayad Sawan, cooperation, the strength of the trade balance, and food security were the reasons for his country to exempt Brazil from a new import tax announced.
A delegation from the Unaizah Chamber of Commerce and Industry carried out a series of appointments in the state of São Paulo earlier this week. In a meeting at the Arab-Brazilian Chamber headquarters on Thursday, leaders discussed mutual for the export of Saudi dates to Brazil and the sale of Brazilian products to Saudi Arabia.
According to the port management company Mwani, 247 vessels docked in the country in March, marking a 9% increase compared to February. The volume of building materials alone saw an 118% surge in activity.
Last year, the Arab nation grossed USD 37.9 million from glass and glass product exports to Brazil. The Egyptians moved from being the 10th largest exporter to the Latin American country in 2023 to the fourth in 2024.
Growth was recorded in the first two months of the year compared to the same period in 2024.
The ambassador of the Arab country, Maen Masadeh, will have meetings with companies and industry associations in the sectors of health, software, fertilizers, textiles, travel, and with São Paulo state officials.
As São Paulo’s orange groves struggle with greening disease, Egypt has expanded its orange exports to Brazil. Competing head-to-head with Spain, the Arab country sold USD 16.1 million worth of oranges to Brazil in 2024.
The North African country was the 17th main supplier in February, according to a survey by Abicalçados.
Executives from the Arab-Brazilian Chamber of Commerce met with the Oman Chamber of Commerce and Industry, discussed advancements in the partnership between the two institutions, and explored ways to increase trade between the two countries.
In January of this year, USD 60.2 million were exported, mainly in beef, chicken, and sugar.
In January, Brazil’s exports to the Arab country rose by 400%, but overall international shipments were lower than in the same period last year.
