Brazilian aftermarket still untapped by Middle East importers
International Expo Consults (IEC), organizer of the annual Automotive Aftermarket Middle East exhibition (AAME), which will be held in Dubai next April, is targeting the Brazilian export sector. “Brazil is a major international aftermarket player with around 800 autoparts producers,” said Mohammed Falaknaz, Vice Chairman, IEC.
“Figures produced by the Brazilian Association of Autoparts Manufacturers show that the country is currently exporting around $42 billion worth of aftermarket products, yet its impact on the Middle East remains minimal.”
In the first quarter of the year 2001, Brazil exported $534.7 million worth of goods throughout 20 Arab countries in the Middle East and North Africa. Saudi Arabia and the UAE are the country’s major Arab markets with exports of $149.3 million and $119.5 million respectively in the first three months of the year.
“Brazil has been exporting the same products and amounts from and to the Middle East for years,” said Nasser Kader, managing director of Jordan’s Kader Trade Consulting, which specializes in Brazilian trade consultancy. “I believe this is largely due to the great geographical distance between the two, as well as perceived language barriers.”
“Though food, shoes and paper products represent the main exports to the region, there is ample scope to expand trade through the thriving autoparts and manufacturing sectors.” Kader added.
The AAME show, which will be held at the Airport Expo Dubai, has national or industry pavilion commitments from Australia, the USA, India, Italy, Turkey, Taiwan, Pakistan and Spain. — (menareport.com)
© 2001 Mena Report (www.menareport.com)