UAE – Mubasher: The value of trade exchange between Dubai and Brazil reached around AED 5.6 billion during 2018, the Emirates News Agency (WAM) reported on Tuesday.
Dubai’s imports from Brazil amounted to AED 5.2 billion last year, while the emirate’s exports to the South American country stood at AED 136 million. Re-exports recorded AED 234 million.
"We look forward to more cooperation with Brazilian companies and diplomatic missions in the coming period which will see Dubai host Expo 2020 and that makes a golden opportunity for companies to get global attention and recognition,” director at Dubai Customs Ahmed Abdul Salam Kazim commented.
In the first half of 2019, the Dubaian-Brazilian trade registered AED 3.6 billion, including AED 3.4 billion imports, AED 56 million exports, and AED 93 million re-exports.
"Dubai is a global trade hub which can help Brazilian companies explore new opportunities and promote their trade activity with other countries,” Kazim said.
