Agribusiness is one of the pillars of the Brazilian economy, consolidating the country as one of the largest global players in the agricultural commodities market. With a diversified and competitive production, Brazil not only supplies the domestic market, but also stands out as one of the world’s leading food exporters.
In this article, we will explore the most exported and imported agribusiness products in Brazil, in addition to understanding how this dynamic impacts the national economy and international trade. If you want to know more about how agribusiness moves Brazil and the world, keep reading!
Agribusiness: the Engine of the Brazilian Economy
The agricultural sector is fundamental for Brazil’s economic and social development. Responsible for about 21% of the national GDP, agribusiness generates millions of jobs and moves billions of dollars in exports annually.
In addition to being one of the main suppliers of food for the domestic market, Brazil is a giant on the international stage, exporting agricultural products to more than 200 countries. This strength in foreign trade contributes significantly to the Brazilian trade balance, generating essential foreign exchange for the economy.
With technological advancement and modernization of the countryside, Brazilian agribusiness has become increasingly efficient and sustainable, consolidating itself as one of the most dynamic and strategic sectors in the country.
The most Exported Agricultural Products by Brazil
Brazil is one of the largest exporters of agricultural commodities in the world, meeting the growing global demand for food. In 2022, the sector broke historical records, with exports exceeding US$ 159 billion. Check out the main products that drive these numbers:
- Soybeans
Brazil is the world’s largest exporter of soybeans, accounting for more than 50% of the global market. In 2022, exports of soybeans exceeded 126 million tons, consolidating the country as a leader in the sector. - Corn
Corn is another highlight of Brazilian agribusiness. With exports reaching almost 113 million tons in 2022, the product has been gaining more and more space in the international market. - Beef
Brazil is one of the largest producers and exporters of beef in the world. Last year, exports generated US$ 11.8 billion, reinforcing the country’s position as one of the main global suppliers.
In addition to these, Brazil also exports large quantities of chicken and pork, cotton, coffee, sugar and orange juice, among others.
The most Imported Agricultural Products by Brazil
Despite being a giant in food production and export, Brazil also imports some agricultural products to meet domestic demand. Check out the main ones:
- Wheat
Wheat is one of the most imported products by Brazil, mainly for the production of breads, pasta and other derivatives. In 2022, the country imported large quantities, mainly from Argentina and Canada. - Malt
Used in the production of beers, malt is another product that Brazil imports in large volumes, especially from Argentina and Uruguay. - Paper and Cellulose
The demand for paper and cellulose has been growing in Brazil, leading the country to import part of these products to meet industrial needs.
These imports are necessary due to climatic, geographic or productive capacity limitations, but reinforce the importance of international trade for the balance of the domestic market.
Highlight for the Import of Agricultural Machinery
In addition to agricultural products, Brazil also imports cutting-edge technology and machinery to modernize the countryside. The import of agricultural equipment has grown significantly, boosting the sector’s productivity and efficiency.
According to the Brazilian Association of Machinery and Equipment Industry (Abimaq), imports of agricultural machinery grew 49.5% in 2022. This trend reflects the search for innovation and sustainability in Brazilian agribusiness.
How Can Comexlis Help in the Foreign Trade of Agribusiness?
Comexlis specializes in international trade, offering customized solutions for agribusiness companies. Whether to export agricultural products or import machinery and inputs, our team is ready to help you expand your business in the global market.
Want to know more about how we can help your company stand out in agribusiness? Contact us through the website www.comexlis.com and discover how to boost your business in foreign trade!