Discover the 5 Main Products Exported by Brazil.

Indeed, exporting is one of the main economic activities of a country. After all, through it, it is possible to understand the economic situation as a whole. In terms of information, the statistical data of Foreign Trade is generated through data obtained by Siscomex and disclosed by the MDIC (SECINT).

Want to know what the main products exported by Brazil are? Check below on the 7MBoots website.

1. Soybeans

Notably, soybeans accounted for 12% of the total percentage of exports carried out by Brazil between January and November 2019. Furthermore, Brazil ranks second in the global ranking of the largest soybean exporters, only behind the USA.

2. Oil

Indeed, oil exports were responsible for revenue of US$ 21 billion up to November 2019. Therefore, it is the second most exported item in Brazil. Moreover, the primary destination for oil is China, making up 65%, followed by the USA with 13%.

3. Iron Ore

In this context, the item that occupies the third position among the most exported by Brazil is iron ore and its concentrates, which are primarily directed to China. This is because between January and October 2019, these exports generated revenue of US$ 18.57 billion, representing 10% of total Brazilian exports.

4. Pulp

In the fourth position among the 5 main products exported by Brazil is pulp, which alone in 2019 was responsible for revenue of US$ 6.55 billion. Notably, Mato Grosso do Sul is the state that contributed the most to this result.

5. Corn

Indeed, the 5th most exported product by Brazil is grain corn, which alone in 2019 was responsible for revenue of US$ 5.92 billion in exports in Brazil. Additionally, the item's participation percentage was equivalent to 0.19%. Moreover, the primary destinations for corn exports are diverse. Iran receives 15%, Japan 13%, and Vietnam 9.2%.

So, cowboys and cowgirls, did you enjoy learning about the 5 main products exported by Brazil? Besides these, there are many others. Therefore, to keep you always informed, soon 7MBoots will make a new list with the remaining items. So, stay tuned to the site so you don’t miss any content.

A big hug for you!