Arab League trade generates surplus of $6.1 bn in 2020

Trade between Brazil and the Arab League generated $6.11 billion in surplus for the Brazilian side in 2020. The result corresponds to 12.2% of Brazil’s record total surplus of $50 billion over the year. It also represents an increase of 16.2% over the positive balance of the 2019 Brazil-Arab League balance, according to data from the Arab-Brazilian Chamber of Commerce. Export performance also keeps the Arab League among Brazil’s three largest trade partnerships abroad, behind China and the United States.

Source: Portal do Agronegocio