Brazil

U.S. exports of food and farm products to Brazil reached a record of nearly $1.7 billion in fiscal year 2014. Brazil has long been one of the world's largest wheat importers but has generally been able to source most of its requirements from neighboring Argentina. However, export restrictions imposed by the Argentine government in 2013 created new opportunities for U.S. wheat exporters. As a result, U.S. wheat sales to Brazil soared to more than $1 billion in 2014, compared to $31 million just two years prior.

Brazil is a major competitor to the United States in international sales of agricultural commodities such as soybeans, poultry, beef, corn and rice. But while Brazil and the United States compete in the global market, the two nations are also close collaborators in agricultural research and the advancement of science-based policies to govern international trade in food and agricultural products. The United States’ principal forum for bilateral agricultural discussion and cooperation with Brazil is the Consultative Committee on Agriculture (CCA).

Data & Analysis

May 15, 2015
U.S. agricultural exports to South America nearly doubled in the past four years, reaching a record of more than $8 billion in calendar year 2014.