Exports from Brazil to the 22 countries of the Arab League generated a record revenue of USD 17.7 billion in 2022, the highest since 1989, announced the Arab-Brazil Chamber of Commerce.
The figure represents a 23.06% rise over the previous year and places the Arab world as a key trade partner of the South American nation, among which are also China and Europe.
As in previous years, exports of Brazilian poultry stood out, growing by 26.35% in value as deals were not deterred by attempts to grow national production in the Middle East.
Arab nations paid an average of around USD 2,172 per ton of Brazilian chicken in 2022, higher than the average of USD 2,022 paid by other markets, said the Chamber.
The data highlights Brazil’s importance as a halal food supplier to the Arab world. It also evidences the effects of strong demand for imports in the Middle East and North Africa, and the impact of global food inflation on trade values.