Brazilian Machinery Exports to Arab Nations Surge
The Brazilian Association for Machinery and Equipment Industry has reported that four key Arab nations, including Iraq, account for a significant 84% of Brazil’s exports to the Arab region.
Strong Export Performance in 2024
According to Patricia Gomez, the Executive Director of the Foreign Market, the Brazilian machinery and equipment sector delivered its second-best export performance in 2024, culminating in total exports valued at $84 billion.
Dominance of Four Countries
The export landscape indicates that the United Arab Emirates, Saudi Arabia, Qatar, and Iraq collectively absorbed 83.9% of Brazil’s total machinery exports to Arab countries. Notably, oil machinery emerged as the leading product category, representing 65.7% of these exports.
Growth in Demand from Arab Nations
Gomez highlighted a robust increase in the purchasing activity from Arab nations, as the total export value to this region reached $722 million—marking a substantial 63.8% increase compared to 2023.
| Country | Percentage of Exports |
|---|---|
| UAE | |
| Saudi Arabia | |
| Qatar | |
| Iraq | |
| Total to Arab Countries | 83.9% |
| Total Export Value | $722 Million |
| Increase from 2023 | 63.8% |
| Total Machinery Exports (2024) | $84 Billion |
In summary, Brazil’s machinery industry has found a promising market in the Arab region, driven by increased demand and strong performance metrics for the year 2024.
