U.A.E. tops Arab market for Brazilian exports

Brazilian exports to the U.A.E. rose by 13 per cent in the first eight months of this year, compared to the period from January to August 2013.

Citing figures issued by the Brazilian Ministry of Development, Industry and Foreign Trade and compiled by the Arab-Brazilian Chamber of Commerce, the agency said that Brazilian exports to the Emirates over the period were valued at to US$ 1.767 billion, 20 per cent of Brazil’s total exports to the Arab world of US$ 8.51 billion. The U.A.E. was followed by Saudi Arabia as a Brazilian export market, with 8-month figures of US$ 1.684 billion, down 10% from the same period last year.