According to the global import export data, Brazil is the 22nd largest export economy in the world and the 37th most complex economy. The top exports of Brazil are soybeans($25.9 billion), iron ore ($20.1 billion), crude petroleum($17.4 billion) raw sugar ($11.4 billion) cars($6.78 billion) and its top imports are refined petroleum ( $11.4 billion) packaged medicaments( $3.1 billion) integrated circuits( $3.09 billion) and cars ($3 billion).When it comes to products, Brazil is a key player. Online import-export trade data provided by various companies can help reveal the position which the country enjoys in the world trading market. Its investment in agriculture and a number of other important sectors makes it a serious competitor in the world trade market. Customs imports data and export related information provided through official government portals and websites can reveal the value of imports and exports which the country indulges in. Brazil has shown consistently strong performance in the agricultural sector and it is one of the reasons the country is so competitive in many export markets.
- Brazil is the leading producer and exporter of sugar in the world and accounts for about 40% of world exports. About 75% of the sugar produced in Brazil is exported to more than 100 countries. Brazil accounts for 30% of the global production of soybeans and is the second-largest exporter of soybean after the USA. Brazilian soybeans are also much sought after because the soybeans grown here have higher protein values than those grown elsewhere in the world. As such Brazilian soybeans command a higher price for their products in the international market.
- Brazilian coffee is famous worldwide, and it is the largest coffee-producing nation in the world. Coffee plantations in Brazil span more than 27000 square kilometers with the bulk of these situated in the south-eastern states of Parana, Sao Paulo and Minas Gerais which have the perfect weather conditions required for coffee plantations.
- Brazil has an estimated 210 million head cattle and the country is currently the second-largest producer of a commercial producer of beef. Brazil is also a major exporter of poultry which is consumed by around 150 countries.
- Although places like Spain and Florida in the US are synonymous with orange juice, Brazil is actually the largest orange producer. Around 35% of the world’s oranges come from Brazil. Corn and tobacco crops are grown in abundance here and Brazil has the largest tobacco output in the world.
- Brazil claims to be the second-largest exporter of iron ore, accounting for 18.5% of the market share in the world. Gold and iron ore are the top metal it exports, and it is the third-largest producer of bauxite in the world, almost 10% of global reserves.
- Brazil imports agricultural and industrial machinery, electrical machinery and equipment and thus represent about 12% of total imports. One can easily analyse the performance in terms of volume and value of imports and exports of Vietnam Through such data. Brazil imports oil, mineral fuels and 7% of its imports are vehicles. Other notable imports include organic chemicals, turbojets, automobile parts, and armored tanks and vehicles.
- The import and export data of Brazil indicates that agriculture represents a sizeable portion of the country’s international trade. Apart from this mining is also an important contribution and accounts for 23% of the exports. Brazil is also developing a significant role as a global energy player with recent discoveries of oil and gas reserves off the coast.
- The top export destinations of Brazil are China, Netherlands, the US, Argentina, Germany while the major import origins are China, US, South Korea.