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Brazil
(information)
Population as of 2020: 212 million 6 of 193
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Region: South America
Nominal G.D.P. in 2024: $2.17 trillion 10 of 193
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Top Exports
Brazil exported roughly **$330–340 billion in goods in 2024**, with a structure dominated by **commodities—especially agriculture, mining, and energy**—along with some industrial products. | Rank | Export Category | Notes | | ---- | ------------------------------------------------- | ---------------------------------------------------- | | 1 | **Mineral fuels (crude oil, petroleum products)** | Largest export category in recent years. | | 2 | **Ores, slag & ash (iron ore)** | Brazil is one of the world’s top iron ore exporters. | | 3 | **Soybeans & oilseeds** | Brazil is the world’s largest soybean exporter. | | 4 | **Meat (beef, poultry)** | Major global supplier of protein. | | 5 | **Food products (sugar, coffee, etc.)** | Strong agricultural base. | | 6 | **Machinery & equipment** | Includes industrial and agricultural machinery. | | 7 | **Vehicles & automotive parts** | Regional exports to Latin America. | | 8 | **Pulp & paper** | Brazil is a leading exporter of wood pulp. | | 9 | **Chemicals** | Includes organic and inorganic chemicals. | | 10 | **Metals (steel, aluminum)** | Industrial and semi-finished products. | Key individual export products (by value) | Rank | Product | Estimated Value (USD) | | ---- | --------------------------- | --------------------- | | 11 | **Crude petroleum** | ~$70–90 billion | | 12 | **Iron ore & concentrates** | ~$40–50 billion | | 13 | **Soybeans** | ~$50–70 billion | | 14 | **Corn (maize)** | ~$10–20 billion | | 15 | **Beef (fresh & frozen)** | ~$10–15 billion | | 16 | **Poultry meat** | ~$8–12 billion | | 17 | **Raw sugar** | ~$10–15 billion | | 18 | **Coffee** | ~$5–10 billion | | 19 | **Wood pulp** | ~$10–15 billion | | 20 | **Gold** | ~$10–15 billion | Key Takeaways * **Commodity powerhouse:** Brazil’s exports are dominated by **agriculture and natural resources**. * **China-driven trade:** Many exports (soybeans, iron ore, oil) are heavily tied to Chinese demand. * **Global food supplier:** Brazil is one of the top exporters of **soybeans, beef, poultry, sugar, and coffee**. * **Limited industrial share:** Manufacturing exports exist but are smaller compared to commodities. Top Importers of Brazil’s Exports | Rank | Country | Notes | | ---- | ----------------- | -------------------------------------------------------- | | 1 | **China** | By far the largest market; soybeans, iron ore, and oil. | | 2 | **United States** | Oil, iron & steel, aircraft, and industrial goods. | | 3 | **Argentina** | Key regional partner; vehicles and manufactured goods. | | 4 | **Netherlands** | Major EU gateway (Rotterdam); re-exports commodities. | | 5 | **Spain** | Imports fuels, agricultural products, and metals. | | 6 | **Singapore** | Trade hub; oil and commodity flows. | | 7 | **Chile** | Regional trade; copper-related inputs and food products. | | 8 | **Mexico** | Vehicles, machinery, and industrial goods. | | 9 | **Germany** | Agricultural goods, metals, and chemicals. | | 10 | **Japan** | Iron ore, meat, and agricultural commodities. | Key Patterns * **China dominates**: * Often accounts for **30%+ of Brazil’s exports**, driven by demand for **soybeans, iron ore, and oil**. * **Commodity-driven trade**: * Most partners import **raw materials and agricultural goods**, not finished products. * **Regional and global mix**: * Brazil trades with both **neighboring Latin American countries** and major global economies. * **Trade hubs matter**: * Countries like **Netherlands and Singapore** act as **distribution and refining centers**.
