Page 51 - ABCC PR REPORT - NOVEMBER 2023

11/24/23, 5:13 PM Brazilian exports to Arab world soars 9.35 % to reach USD 15.767 billion in 10 months of 2023 - mid-east.info
Brazilian exports to Arab world soars

9.35 % to reach USD 15.767 billion in

10 months of 2023

November 23, 2023 6

The Arab-Brazilian Chamber of Commerce (ABCC) reported an impressive surge of 9.35 per
cent in Brazilian exports to the Arab world during the first 10 months of 2023, totalling USD

15.767 billion as opposed to USD 14.419 billion in the same period in 2022. On the other
hand, Brazilian imports from the Arab region reached USD 8.937 billion in the first 10 months
of 2023.

The volume of Brazilian exports to the Kingdom of Saudi Arabia (KSA) amounted to USD 2.654

billion, while those to the UAE totalled USD 2.543 billion. Exports to Egypt increased to USD
1.889 billion, marking a significant rise from the same period last year. Similarly, exports to
Qatar stood at USD 266 million while those to Kuwait reached USD 220 million.

Furthermore, Saudi Arabia leads the Brazilian imports from the Arab countries, totalled USD

2.937 billion while the UAE follows closely behind with USD 998 million. Qatar’s exports to
Brazil stood at USD 605 million, while the imports from Egypt reached USD 439 million.
Imports from Kuwait also witnessed a significant surge, amounting to USD 323 million.

Osmar Chohfi, President of ABCC stated: “Compared to the first 10 months of 2022, the

Brazilian exports and imports have surged significantly during the same period this year, which
demonstrates the strong and expanding trade relations between Brazil and the Arab world. At
ABCC, we relentlessly strive to amplify Brazilian exports to the Arab region by implementing

several strategic initiatives and making dedicated efforts. These positive trade figures
demonstrate our dedication to developing solid bilateral relations with Arab nations.”

The ABCC report further stated that the export of beef and chicken meat from Brazil to Arab
countries demonstrated robust performance from January to October 2023. The beef exports

from Brazil to the Arab world stood at USD 866.68 million with UAE leading the list at USD
243.69 million. In addition, Egypt, Saudi Arabia, Libya and Lebanon showcased a stronger

https://mid-east.info/brazilian-exports-to-arab-world-soars-9-35-to-reach-usd-15-767-billion-in-10-months-of-2023/ 1/2