Brazil gains export sales to Arab countries after mass vaccinations reopen economies

The export of grains from Brazil to the Arab countries more than doubled in the first quarter, driven by demand for feed, purchases to ensure supply and consolidation of regional export hubs to nearby markets.

RIO DE JANEIRO, BRAZIL - Mass vaccination against Covid-19 in Middle Eastern countries, with the reopening of the local economy, is beginning to benefit Brazilian agribusiness. After growth of less than 2% in shipments to the Arab League throughout last year, in the first quarter 2021 the increase in sales reaches 8.7% compared to the same period in 2020, to US$1.78 billion.

Tamer Mansour, secretary-general of the Arab-Brazilian Chamber of Commerce, points out that the United Arab Emirates, Bahrain, and Saudi Arabia, in particular, have been active in vaccine purchases. In addition, they imposed controls . . .

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