Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Brazil exports USD15.50 million worth of healthcare products to Arab region in 2013  Join our daily free Newsletter

MENAFN Press - 19/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) UAE, May 19, 2014 - The Arab-Brazilian Chamber of Commerce (ABCC) has announced that Brazil exported USD15.50 million worth of hospital and medical products to the Arab world in 2013, continuously reflecting a strong and thriving bilateral trade between the South American country and the region. Egypt was the biggest importer, reaching USD 3.16 million worth of imported products. It was followed by Saudi Arabia (USD 2.92 million), Sudan (USD 2.51 million), Iraq (USD 1.48 million), and United Arab Emirates (USD 1.32 million).

During the same year, a big volume of pharmaceutical products from Brazil was exported to the Arab region, with imports reaching USD 11.57 million. Materials for orthopedic applications, artificial body parts, hearing aid as well as X-Ray, tubes, panels, photographic plates and films, and other medical, surgical, dental and veterinary equipment accounted for last year's imported healthcare products.

In the first quarter of 2014, ABCC also said that products worth USD 2.66 million were exported from Brazil to the region, with the biggest shipment going to Saudi Arabia (USD 0.85 million) followed by Egypt (USD 0.54 million), Morocco (USD 0.22 million), Algeria (USD 0.21 million) and Tunisia (USD 0.19 million). Pharmaceutical prodcts worth USD 1.65 million were exported to the Arab countries. Other imported products were materials for orthopedic applications, artificial body parts, hearing aid (USD 0.65 million); medical, surgical, dental and veterinary equipment (USD 0.21 million); photographic plates and films (USD 0.08 million); and X-Ray, tubes, panels (USD 0.07 million).


Dr. Michel Alaby, CEO of the Arab-Brazilian Chamber of Commerce, said: "The thriving bilateral trade in the healthcare sector between Arab countries and Brazil strongly reflects their long-standing and strategic trade partnership. This is especially crucial amid the flourishing healthcare sector in the region. We look forward to more robust trade relations between them. Rest assured that the Arab-Brazilian Chamber of Commerce will continue to do its part in terms of looking for more avenues to further expand and enhance their bilateral trade in the coming years."

The Arab Brazilian Chamber of Commerce has been established to consolidate and expand partnerships, generate opportunities and bring Arab and Brazilian companies together. It has been in operation for 62 years, playing an active role in boosting economic, cultural and tourism activities and facilitating the flow of information between Arabs and Brazilians.


About Arab Brazilian Chamber of Commerce
The Arab-Brazilian Chamber of Commerce represents 22 Arab countries. It was established in 1952 with the mission of strengthening commercial bonds between Brazil and the Arab countries, while increasing cultural and tourism exchange between Arabs and Brazilians. The entity provides various services, such as Document Certification, Market Data, Translation, among others, and promotes events, workshops and courses. It also offers the Commercial Knowledge Center, a reference center for research on commercial relations between Brazil and the Arab countries.

 


MENAFN Press




  MENA News Headlines
 Sep 25 2016 - An output freeze deal in Algeria means $60 oil!Khaleej Times
(MENAFN - Khaleej Times) The oil market has been a rollercoaster in 2016. A global financial panic triggered by China's yuan depreciation caused Brent crude to fall below $30 a barrel in late ...

 Sep 25 2016 - Output freeze eludes Russia, Saudi Arabia talksKhaleej Times
(MENAFN - Khaleej Times) The world's two biggest oil producers Saudi Arabia and Russia said on Monday they had agreed to "act together" to try to stabilise oil prices, but failed to make headway on ...

 Sep 25 2016 - Value, risk in large cap biotech sharesKhaleej Times
(MENAFN - Khaleej Times) Merger mania has led to fairy tale outcomes on some biotech shares on Wall Street. For instance, oncology biotech Medivation (MDVN) tripled in value in 2016 once Pfizer won ...

 Sep 25 2016 - US equities and a spasm of risk aversionKhaleej Times
(MENAFN - Khaleej Times) I had written a column two weeks ago outlining my view that US equities faced a dangerous autumn and the S & P 500 index was set for a fall of 150 points. However, even I ...

 Sep 25 2016 - Value investing themes in Asian equity marketsKhaleej Times
(MENAFN - Khaleej Times) When Ben Bernanke uttered the word "taper" in May 2013, he triggered a bloodbath in emerging markets and a free fall in "fragile five" currencies that included the Indian ...

 Sep 25 2016 - Wells Fargo mired in one of the most sordid scandalsKhaleej Times
(MENAFN - Khaleej Times) Wells Fargo was, until last week, America's most valued money centre bank, the crown jewel of Warren Buffet's investment portfolio, a model of corporate excellence whose ...

 Sep 25 2016 - Fear, risk and value in emerging market currenciesKhaleej Times
(MENAFN - Khaleej Times) The $5 trillion global foreign exchange market is hyper-sensitive to shifts in the ultra-easy money policies of the G-7 central banks. So it is no coincidence that the ...

 Sep 25 2016 - UAE equities to perform better in next 12 monthsKhaleej Times
(MENAFN - Khaleej Times) A bullish real estate outlook, an impending tourism boom driven by new branded theme parks and a widely anticipated pick-up in business activity are critical triggers for ...

 Sep 25 2016 - Mohammed bin Zayed reassured regarding Haj pilgrims from UAEKhaleej Times
(MENAFN - Khaleej Times) His Highness Shaikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in a telephone call to Dr. Mohammed Matar ...

 Sep 25 2016 - UAE voices concerns on 'Justice Against Sponsors of Terrorism Act'Khaleej Times
(MENAFN - Khaleej Times) Shaikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation,has expressed the UAE's concern about the US Congress adopting the law ...

more...


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help