WhatAreThe Biggest Brazilian Agriculture Exports?
Soybeans
In 2020 Brazil became the world’s largest exporter of Soybeans at 44 7% ($28 6B) by trade value once again in recent years, beating out the long-lasting United States at 39 9% ($25 6B) The largest importer of Brazilian soybeans is China at 73.1%, making the market very profitable but also vulnerable to Chinese consumer demand, this is followed by the Netherlands at 3 84% and Spain at 3.29%.
Raw Sugar
Brazil is the world’s largest and long-standing exporter of raw sugar, accounting for 35.8% of the market share by trade value, with a total value of $8 95B The second largest exporter of raw sugar is currently India at 10 7% ($2 67B), leaving a large margin for Brazil to dominate The largest importer of Brazilian raw sugar is China at 14.4%, followed byAlgeria at 7.47% and Bangladesh at 7 01%
Frozen Bovine Meat
Brazil is also the world’s largest exporter of bovine meat with a 24 8% market share by trade value with a value of $6.69B. Brazil’s main competitor isAustralia, with a market share of 14.9% and a value of $4B The largest importer of Brazilian bovine meat is China at 60 4%, followed by 12 1% and Egypt at 5 91%
Soybean meal
Brazil is the world’s second-largest exporter of soybean meal with a 24 4% market share by trade value, with a total worth of $5.99B. Brazil’s competitor in the space isArgentina, which holds a 32 1% market share with a value of $7 89B The largest importer of Brazilian soybean meal is Indonesia at 13 3%, followed byThailand at 12 9% and the Netherlands at 11 5%
Corn
Brazil is the world’s third-largest exporter of corn, with a market share of 15 6% by trade value with a value of $5.95.The largest worldwide exporter of corn is the United States, which holds a 25 4% market share with a value of $9 72B, followed byArgentina, which owns 16 9% with $6.46B.The largest importer of Brazilian corn is Iran at 12.5%, followed by Japan at 12% and Vietnam at 10.6%.
Poultry Meat
Brazil is the world’s largest exporter of fresh chicken meat, accounting for 14% of worldwide production and 30% of global exports in 2021 Brazilian exports increased by 8 2%, reaching approximately 4.4 million tons, compared to 2020.The Second largest world exporter is the United States, with exports estimated at 3 4 million Overall, in 2020, poultry meat accounted for 2 61% of Brazilian exports, with a value of $5 59B The largest importer of Brazilian poultry was China at 22.7%, followed by SaudiArabia at 12.3% and Japan at 11.8%.
Written by Bernard de Laguiche