Brazil: Brazilian Agricultural Sector Thrives Despite COVID-19 Pandemic

  |   Attaché Report (GAIN)

While the Brazilian economy has faltered as a result of the widespread effects of the COVID-19 pandemic, most of the country’s agricultural sector has thrived. The rapid devaluation of the Brazilian real made the country’s agricultural exports attractive on the international market. Weak real also discouraged dollar-denominated imports and fueled internal demand for domestically produced agricultural products. Brazilian agriculture, working in tandem with government decision-makers, overcame early transportation hurdles to boost exports, while also maintaining internal supply. Although the country has not experienced food shortage or supply chain disruptions, some segments of the Brazilian population have faced increased food insecurity. Overall, Brazil’s agricultural sector appears well-positioned to weather the spread of COVID-19 and the post-pandemic period.

Brazil: Brazilian Agricultural Sector Thrives Despite COVID-19 Pandemic

Related Reports

Attaché Report (GAIN)

Indonesia: Coffee Annual

Coffee production is forecast to modestly decline to 10.63 million (60 kilogram) bags in 2021/22 on lower yields in Robusta and Arabica growing regions.
Attaché Report (GAIN)

New Zealand: Fresh Deciduous Fruit Semi-annual

Although early indications were for a near-record New Zealand apple crop in 2020/2021, a number of factors have tempered expectations.
Attaché Report (GAIN)

Honduras: Coffee Annual

The production forecast for marketing year 2021/22 is 5.5 million 60-kilogram (kg) bags, a 12-percent reduction from the previous year.