Brazil: 2020 US Exports to Brazil Grew for Some Products as Market Opportunities Continue to Expand

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Brazil: 2020 US Exports to Brazil Grew for Some Products as Market Opportunities Continue to Expand

Brazil is perhaps best known as a major competitor for U.S. agricultural exports, but U.S. exports to the country have grown three-fold over the last 30 years, topping US$1.1 billion in calendar year 2020. U.S. agricultural exports to Brazil in 2020 saw gains in terms of value in several product categories, even as the value of total agricultural exports shrank by 1 percent year-over-year, mainly due to slumping ethanol sales and a slowdown in the economy due to the impacts of the COVID-19 pandemic. Despite the pandemic’s impact on the Brazilian economy, the outlook for the food sector remains optimistic. The USDA-endorsed the ANUFOOD Trade Show, exclusively targeting the food and beverage sector, will feature a USA Pavilion April 12-14, 2022 in Sao Paulo. For additional information, contact the Agricultural Trade Office in Sao Paulo at atosaopaulo@usda.gov.

Brazil: 2020 US Exports to Brazil Grew for Some Products as Market Opportunities Continue to Expand

Exporting
Western Hemisphere, Brazil

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