Brazil-Arab Trade Grows 5% with Algeria as Key Partner

Trade between Brazil and Arab countries witnessed an increase in the January-September period compared to the previous year. Data compiled by the Arab-Brazilian Chamber of Commerce (ABCC) from Brazil’s Ministry of Development, Industry and Foreign Trade indicates that total trade expanded by 5% to reach USD 23.3 billion. Exports from Brazil totaled USD 15.3 billion, marking a 3.7% rise, while imports by Brazil increased by 7.7% to USD 7.9 billion during the same period.

Algeria has been a notable contributor to this growing economic exchange, ranking among the main buyers of Brazilian products and also among the leading suppliers to Brazil. Overall, Arab countries collectively maintain their position as Brazil's third-largest export market, trailing only China and the United States, and serve as its sixth-largest source of imports globally.

The trade relationship between Brazil and Arab countries encompasses a diverse range of products. Brazil's primary exports to Arab nations include sugar, chicken, corn, iron ore, and soybeans. Conversely, Brazil's main imports from Arab countries consist of essential commodities such as crude oil, refined petroleum, phosphate fertilizers, mixed fertilizers, and nitrogen fertilizers, which are crucial for its agricultural sector.