Brazil’s foreign trade retracted above the world average in 2020

The covid-19 pandemic has impacted Brazil’s trade with other countries above the world average. Last year, the trade flow (sum of imports and exports) fell 8.2%, according to a survey by the National Confederation of Industry (CNI), based on recent figures from the World Trade Organization (WTO). The variation exceeds the shrinkage of 7.6% in world trade in 2020.

Source: Portal do Agronegocio