Brazil - September 2017
While Brazil is a major competitor to the United States in the production and export of commodities such as soybeans, poultry, beef, and corn, it is also a major importer. In 2016, Brazil purchased $10 billion in food and farm products from the rest of the world, most notably wheat, corn, fruits and vegetables, and dairy. Nearly 50 percent of Brazil’s agricultural imports were supplied its MERCOSUR partners – Argentina, Paraguay, Uruguay, and Venezuela – while eight percent of came from the United States.
Since 1997, U.S. agricultural exports to Brazil have grown 64 percent, from $533 million to $875 million in 2016. Top agricultural exports from the United States last year included wheat, prepared foods, cotton, dairy products, and feeds and fodder. Products showing the largest export growth since 1997 include wheat, roasted coffee, tea, and eggs/egg products.
Brazil’s growing population and rising per-capita income, coupled with the fact that Brazilian consumers have a high regard for U.S. products and brands, make this a market worth well worth exploring for American exporters.
Applications must be received by July 18, 2017.
For additional information, please email email@example.com.