Trade between Brazil and GCC increase from USD 2.4 billion in 2001 to USD 6.3 billion in 2009

Published March 18th, 2010 - 09:52 GMT

More than 30 Brazilian exporters representing over 100 leading Brazilian producers and manufacturers in the food & beverage, construction and construction materials, furniture and decoration, and auto parts sectors will be exploring various business and investment opportunities in the Middle East during Brasil Trade 2010, which will be held at the Intercontinental Hotel – Dubai Festival City from May 9 to 11, 2010. Brazil is a leading trading partner of the region, with commercial activity between the South American country and the GCC alone increasing from USD 2.4 billion in 2001 to USD 6.3 billion in 2009.

Brasil Trade 2010 noted that USD 4.6 billion worth of goods were exported from Brazil to the GCC in 2009, highlighting the enormous business potential for importers in the region. High-quality stone, ceramic and non-ferrous metal products as well as coffee, poultry, sugar cane derivatives, fruit juices and several other food & beverage goods have traditionally offered the biggest trading potential for Brazil and the GCC. Moreover, trade activity for construction materials and food & beverage products grew by 19.09 per cent and 13.09 per cent respectively from 2005 to 2009.edium annual growth).

Alessandro Teixeira, President of Apex-Brasil, organiser of Brasil Trade 2010, said: "Brasil Trade 2010 has been designed to serve as an exclusive business-to-business matchmaking event for leading traders from Brazil and the Middle East, providing the perfect avenue for concerned market players to explore new partnership opportunities and close distribution agreements. Brazil's vast natural resources  and an immense industrial park, with high tech centres, enable the country to consistently deliver high-quality and competitively priced export products all over the world, particularly in the area of construction and food & beverage, which are two very important sectors in the Middle East. Establishing a dedicated business-to-business forum is certainly an important step to reinforce and cultivate the trade relations between the two regions."

Brasil Trade 2010 will feature special presentations for Brazilian exporters and for hosted buyers, while one-on-one meetings will also be organised with hosted buyers and local UAE buyers. In addition, a hosted buyer's program has been incorporated during the three-day trade event for major importers from Saudi Arabia, Qatar, Bahrain, Kuwait, Oman, Jordan, Syria and Lebanon.

Apex-Brasil mission comprehends a series of endeavors which include the promotion of exports of Brazilian products and services to foreign countries, the development of the internationalization of Brazilian companies and undertakings focused on attracting foreign investment into the country. At the moment, Apex-Brasil gives support to over 70 sectors of the Brazilian economy, ranging from agribusiness to machines, technology, architecture and civil construction, entertainment and services to fashion and industrial equipment. Every year, Apex-Brasil provides assistance to Brazilian companies’ participation in more than 800 events – both in Brazil and abroad. In order to strengthen the internationalization of Brazilian companies in the Arab countries, the Agency has a Business Support Centre in Dubai that provides local assistance to Brazilian companies.

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