Saudi Arabia biggest export market of Brazil in Mideast

JEDDAH – Food and beverage products continue to represent the most exported Brazilian products to Saudi Arabia, valued at more than $2.38 billion in 2012. The Kingdom also remains the biggest export destination of Brazilian products in the Middle East, with exports to the Kingdom reaching a value of over $3 billion in 2012. 

Against this backdrop, the Brazilian Trade and Investment Promotion Agency (Apex-Brasil) brings to Saudi Arabia a delegation comprising around 30 Brazilian companies to be taking part in the Brazilian Trade Mission to the Middle East, which kicks off with an exclusive business meeting in Jeddah on Feb. 18. The trade mission will see the participation of companies from several major sectors including food & beverage, housing and construction, machinery & equipment and auto parts. 

Apart from food and beverage, Brazil also exported more than $216.7 million worth of machinery & equipment, including auto parts, which accounted for a 30.5 percent growth from over $166 million in 2011, and over $50.3 million worth of housing and construction materials, representing a 10.7 percent growth from over $45.4 million in 2011. Other Brazilians products accounted for more than $347 million of the total exports to the Kingdom in 2012.

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