Saudi Arabia: Brazilian Coffee Imports Plummet

  • Date: 14-Feb-2021
  • Source: Al Bawaba
  • Sector:Economy
  • Country:Saudi Arabia
  • Who else needs to know?

Saudi Arabia: Brazilian Coffee Imports Plummet

Saudi Arabia was the premier Arab importer of poultry from Brazil in January, with the UAE ranked second. The Brazilian Animal Protein Association reported: "Poultry exports from Brazil slid in Jan. 2021. Nevertheless, some of the leading Arab importers stepped up their purchases," adding that 35, 800 tons of poultry were shipped to Saudi Arabia, up by 2 percent, with revenue climbing 4 percent to $58. 5 million year-on-year last month. Saudi Arabia was the premier Arab importer of poultry from Brazil in January, with the UAE ranked second. Total global raw and processed poultry exports from Brazil fetched $434. 4 million in Jan. 2021, down 17. 9 percent from Jan. 2020. Meanwhile, Brazil shipped a record-breaking 4. 1 million 60kg instant coffee bags in 2020, up 2. 4 percent from 2019. However, sales to Arab countries were down 39 percent to 54, 968 60kg bags in 2020, according to the Brazilian Instant Coffee Industry Association (ABICS), which monitors shipments to over 120 countries. "Saudi Arabia has been importing from Brazil for decades now, and it has always been among the top 20 to 25 leading importers. However, imports will fluctuate from year to year," ABICS Director Aguinaldo Lima said