According to the data compiled by the Market Intelligence department of the Arab Brazilian Chamber of Commerce (ABCC), Arab exports to Brazil doubled by 100.6% during 2021, compared to 2020, and the Arab World became the 3rd largest external market for Brazil behind the People`s Republic of China and the United States of America, with sales estimated at about $ 11.5 billion, whereas Brazilian exports to the Arab bloc grew by 23.3%, and overall trade increased by 48.3%. Despite the surplus for Brazil, it was down by 33.8% last year.
          In this regard, the two parties exert great efforts in developing reforms that increase investments opportunities, as well as create job opportunities, thereby enhancing bilateral cooperation and overcoming the challenges that face the their economic integration.