Brazil’s export will grow 13.7% in 2021, says AEB

Brazilian exports are expected to grow 13.7% in 2021 compared to 2020, to $237.3 bn, with the country’s foreign sales becoming more dependent on products such as soybeans, oil and iron ore, predicted the Brazilian Foreign Trade Association (AEB). With higher prices and lower growth in shipped volumes, these three products will increase their share of Brazil’s total exports to a record 40.2%.

Source: Portal do Agronegocios