Who does Brazil trade the most with?
- China: US$67.7 billion (32.3% of total Brazilian exports)
- United States: $21.6 billion (10.3%)
- Argentina: $8.5 billion (4%)
- Netherlands: $7.4 billion (3.5%)
- Canada: $4.2 billion (2%)
- Japan: $4.1 billion (2%)
- Germany: $4.1 billion (2%)
- Spain: $4.1 billion (1.9%)
What is Brazil’s main export?
Brazil mainly exports soy beans (11.6%), petroleum oils (10.7%), iron ores (10.1%), maize (3.2%), and chemical wood pulp (3.1%); while its main imports are petroleum oils (9.9%), parts and accessories for tractors and motor vehicles (2.6%), electrical apparatus for line telephony (2.5%), floating vessels (2.5%), and …
Which countries are the major business partner of Brazil?
China, Argentina, Netherlands etc are the major business partners of Brazil.
What are 4 major export partners?
|Rank||Country||Percent of Total Exports|
What is Brazil’s biggest industry?
The services sector is the largest sector in Brazil contributing almost 65% to its gross domestic product. 7 The decreasing share of agriculture and industry over the years was taken up by the service sector, which has contributed more than 50% of the country’s GDP since the 1990s.
Is Brazil richer than India?
Measured by aggregate gross domestic product (GDP), the Indian economy is larger than Brazil’s. … 9 Measured on a per capita basis, however, Brazil is far richer.
What is Brazil’s biggest import?
Brazil imports mainly manufactured goods (85 percent of total imports), namely machinery, fuels and lubricants, chemicals and pharmaceutical products, and parts and accessories for motor vehicles and tractors. The country also imports raw materials (10 percent), mostly crude oil, coal, natural gas and wheat grain.
What product does Brazil export more than any other?
In 2019, Brazil most exported products were soybean and crude oil or bituminous mineral oils, reaching an export value of 26.1 billion U.S. dollars and 24.2 billion dollars, respectively. Iron ore and its concentrates was Brazil third most exported product, with 22.7 billion U.S. dollars worth of exports.
What does Brazil sell to other countries?
Exports The top exports of Brazil are Soybeans ($26.1B), Crude Petroleum ($24.3B), Iron Ore ($23B), Corn ($7.39B), and Sulfate Chemical Woodpulp ($7.35B), exporting mostly to China ($63.5B), United States ($30.5B), Argentina ($9.85B), Netherlands ($9.13B), and Japan ($5.58B).