Search DubaiPRNetwork.com

Home >> Banking & Investments

Brazil's fertilizer imports from Arab states up 38 per cent from January to November 2017

Tuesday, December 26, 2017/ Editor -  

Share

Home >> Banking & Investments

UAE, December 26, 2017 - The Arab Brazilian Chamber of Commerce (ABCC) has lauded the continuously growing economic ties between Brazil and Arab countries after recent statistics released by the Brazilian Ministry of Industry, Foreign Trade and Services showed the vast South American country importing 5.9 million tons of fertilizer from January to November this year.

The number accounted for 24.4 per cent of Brazil’s total global fertilizer imports of 24.2 million tons as per the figures released by national industry association Associação Nacional para Difusão de Adubos (Anda). The country’s global fertilizer imports were up 8.2 per cent.   

Dr. Michel Alaby, Secretary General and CEO of ABCC, said: “According to the numbers supplied by the Brazilian Ministry and compiled by the ABCC, Brazil’s fertilizer imports from the Arab nations rose 38 per cent year-on-year. This strongly indicates their robust bilateral relations and we expect that this will carry on through 2018. For our part, we will continuously look for new ways to further facilitate and optimize their increasing trade activities to further drive growth and ensure the attainment of common socio-economic development goals and agenda.”

In November this year, reports said Brazil purchased 626,830 tons of fertilizer from Arab states, up 20.7 per cent from the same period last year.  Morocco and Saudi Arabia are Brazil’s major Arab markets, with other sources include the UAE, Egypt, Oman, Algeria, Bahrain, Kuwait, Lebanon, Tunisia and Jordan. Importing most of the fertilizer it uses, Brazil’s output has reached 7.57 million tons so far this year. 


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

Three Saudi Women Win the Procter & Gamble Global CEO Challenge

Renault Middle East offers the chance to win free servicing this Ramadan

Etihad Cargo Operates its First “Year of Zayed” Humanitarian Flights to Kazakhst ...

Epson's Professional Projector Tool software makes it quick and easy to set up m ...

More Asia Miles and better rewards on Cathay Pacific

The Silicone Pro By Pinky Goat

Leading National Company, INDEX Holding, Opens a New Branch in Singapore

Trend Micro Expertise Results in Conviction from Scan4You Trial

Here's where you can find all the best burgers this National Burger Day

500 Super Final Handball to be held under patronage of Crown Prince of Dubai

SIKKA Art Fair 2018 Features ‘Saudi House' by Culture-Focused Tamashee

Nawah Energy Company Enters Next Phase of Preparations for Barakah Unit 1 Nuclea ...

Malabar Gold & Diamonds strengthens its CSR activities this Ramadan

Eberhard & Co. Scafograf Black Sheep, different by nature

Jebel Ali Port Wins Record 24th Consecutive Aflas Award

Dubai Customs showcases IPR efforts to Japanese delegation

H.E. Noura Al Kaabi opens National Pavilion UAE exhibition Lifescapes Beyond Big ...

Magic Marco: UAE Team Emirates' Marco Marcato Takes Top Five Spot in Stage 18 of ...

Transforming shopping centres to consumer centres Design International at RECon ...

Sharjah Police and Emirates Auction launch a new online auction