eximpedia

Brazil, despite its high level of industrialisation and robust economic growth, is still classified as an emerging economy. In 2024, Brazil ranked second in the Americas in terms of purchasing power parity and third in nominal GDP. This dynamic, upper-middle-income, mixed economy has become a key player in global trade, thanks to its diverse and resource-rich export portfolio. China, the United States, and Argentina remain Brazil's primary trade partners, and its export performance continues to strengthen the country’s influence in the global marketplace. This detailed analysis explores Brazil's major exports, its key trade relationships, the latest Brazil export data, and how its commodities shape both domestic development and international markets. The Scale of the Brazilian Economy Brazil’s economy is among the ten largest in the world, with the International Monetary Fund projecting its GDP to reach $2.33 trillion in 2024. This economic power is driven not just by industry ...