Editing Economy of Brazil (section)

== Exports and imports ==
[[File:Agro PR Soja em Guarapuava.jpg|thumb|right|Brazil is the largest producer and exporter of [[soybeans]] in the world. Farm in [[Southern Brazil]].]]
[[File:Coffee farmer in Brazil.jpg|thumb|right|Brazil is the largest producer and exporter of [[coffee]] in the world. [[Brazil]]ian coffee farmer producing.]]
[[File:Museu do Amanha 05 2016 Rio 2085.jpg|thumb|right|[[Museum of Tomorrow|Museu do Amanhã, Rio de Janeiro]].]]
[[File:Recife, Brasil (retrato).jpg|thumb|[[Recife]] with its skyscrapers.]]

===Trade statistics===
{| class="wikitable"
!Year
!Goods exports<br /><small>(billion US$)</small><ref>{{Cite web |title=Goods exports (BoP, current US$) - Brazil |url=https://data.worldbank.org/indicator/BX.GSR.MRCH.CD?end=2023&locations=BR&most_recent_value_desc=true&start=1990 |access-date=2025-01-25 |website=World Bank Open Data}}</ref>
!Goods imports<br /><small>(in</small> b<small>illion US$)</small><ref>{{Cite web |title=Goods imports (BoP, current US$) - Brazil |url=https://data.worldbank.org/indicator/BM.GSR.MRCH.CD?end=2023&locations=BR&most_recent_value_desc=true&start=1975 |access-date=2025-01-25 |website=World Bank Open Data}}</ref>
!Net trade<br /><small>(in</small> b<small>illion US$)</small><ref>{{Cite web |title=Net trade in goods (BoP, current US$) - Brazil |url=https://data.worldbank.org/indicator/BN.GSR.MRCH.CD?end=2023&locations=BR&most_recent_value_desc=true&start=1975 |access-date=2025-01-25 |website=World Bank Open Data}}</ref>
|-
|2023
|{{Increase}}$343.8
|{{Increase}}$241.5
|{{Increase}}$92.8
|-
|2020
|{{Increase}}$210.7
|{{Increase}}$175.0
|{{Increase}}$35.7
|-
|2015
|{{Decrease}}$189.9
|{{Decrease}}$172.5
|{{Increase}}$17.4
|-
|2010
|{{Increase}}$201.2
|{{Increase}}$182.8
|{{Increase}}$18.4
|-
|2000
|{{Increase}}$55.2
|{{Increase}}$57.0
|{{Decrease}}−$1.8
|-
|1990
|{{Increase}}$31.4
|{{Increase}}$20.7
|{{Increase}}$10.8
|-
|1980
|$20.1
|$23.0
|{{Decrease}}−$2.8
|}

=== Products ===
Brazil was the 25th largest exporter in the world in 2020, with 1.1% of the global total.<ref>{{cite web| url = https://data.worldbank.org/indicator/NE.EXP.GNFS.CD?locations=BR&most_recent_value_desc=true| title = Exports of goods and services (current US$), by World Bank}}</ref>

In 2021, Brazil exported US$280.4 billion and imported US$219.4 billion, with a surplus of US$61 billion.<ref>{{cite web| url = https://www.gov.br/pt-br/noticias/financas-impostos-e-gestao-publica/2022/01/balanca-comercial-registra-superavit-de-us-61-bilhoes-em-2021| title = Balança Comercial registra superávit de US$ 61 bilhões em 2021}}</ref>

The country's top ten export products were:<ref>{{cite web| url = https://www.fazcomex.com.br/blog/exportacao-no-brasil-quais-os-principais-produtos-exportados/| title = Exportações no Brasil: Os principais produtos exportados| date = 30 June 2021}}</ref>
* Iron ore: US$42.2 billion
* Soy: US$37.3 billion
* Crude petroleum oils: US$27.4 billion
* Sugar: US$8.5 billion
* Beef: US$7.4 billion
* Soybean meal: US$7.2 billion
* Petroleum fuel oils: US$6.6 billion
* Manufacturing Industry: US$6.4 billion
* Chicken meat: US$6.3 billion
* Cellulose: US$6.1 billion

The country also exports maize, coffee, cotton, tobacco, orange juice, footwear, airplanes, helicopters, cars, vehicle parts, gold, ethanol, semi-finished iron, among others.<ref>{{cite web| url = https://www.fazcomex.com.br| title = Quais os principais produtos exportados do Brasil}}</ref><ref>{{Cite web |title=Agronegócio tem oito entre os dez produtos líderes das exportações brasileiras em 2019 |url=https://www.aviculturaindustrial.com.br/imprensa/agronegocio-tem-oito-entre-dez-produtos-líderes-das-exportacoes-brasileiras/20200102-130051-c255 |access-date=2022-10-12 |website=Avicultura Industrial |date=2 January 2020 |language=portuguese}}</ref>

=== Exports ===
The main countries to which Brazil [[Exportation|exports]] in 2021 were:<ref name=":2">{{cite web| url = https://g1.globo.com/economia/noticia/2022/01/04/balanca-comercial-veja-ranking-dos-principais-parceiros-do-brasil-em-2021.ghtml| title = Balança comercial: veja ranking dos principais parceiros do Brasil em 2021| date = 4 January 2022}}</ref>
* {{flagicon|China}} China: US$87.6 billion (31.28%)
* {{flagicon|USA}} United States: US$31.1 billion (11.09%)
* {{flagicon|Argentina}} Argentina: US$11.8 billion (4.24%)
* {{flagicon|Netherlands}} Netherlands: US$9.3 billion (3.32%)
* {{flagicon|Chile}} Chile: US$6.9 billion (2.50%)
* {{flagicon|Singapore}} Singapore: US$5.8 billion (2.10%)
* {{flagicon|Mexico}} Mexico: US$5.5 billion (1.98%)
* {{flagicon|Germany}} Germany: US$5.5 billion (1.97%)
* {{flagicon|Japan}} Japan: US$5.5 billion (1.97%)
* {{flagicon|Spain}} Spain: US$5.4 billion (1.94%)

The country's export model, until today, is excessively based on exports of basic or semi-manufactured products, generating criticism, since such model generates little monetary value, which prevents further growth in the country in the long run. There are several factors that cause this problem, the main ones being: the excessive collection of taxes on production (due to the country's economic and legislative model being based on [[State Capitalism]] and not on Free-Market Capitalism), the lack or deficiency of infrastructure (means of transport such as roads, railways and ports that are insufficient or weak for the country's needs, bad logistics and excessive bureaucracy) for export, high production costs (expensive energy, expensive fuel, expensive maintenance of trucks, expensive loan rates and bank financing for production, expensive export rates), the lack of an industrial policy, the lack of focus on adding value, the lack of aggressiveness in international negotiations, in addition to abusive tariff barriers imposed by other countries on the country's exports. Because of this, Brazil has never been very prominent in international trade.

Due to its size and potential, it would be able to be among the 10 largest exporters in the world, however, its participation in global commercial transactions usually oscillates between 0.5 and 2% only. In 2019, among the ten products that Brazil exports the most and that generate the most value, eight come from the agribusiness. Although still modest, the country's exports have evolved, and today they are more diversified than they were in the past. At the beginning of the 20th century, 70% of Brazilian exports were restricted to coffee. Overall, however, global trade still concentrates its few exports on low-tech products (mainly agricultural and mineral commodities) and, therefore, with low added value.<ref>{{cite web| url = https://www.agrolink.com.br/colunistas/coluna/o-brasil-exporta-pouco--mas-o-agronegocio-prospera_426298.html| title = O Brasil exporta pouco, mas o agronegócio prospera| date = 7 November 2019}}</ref><ref>{{cite web| url = https://www.cnnbrasil.com.br/business/avanco-de-commodities-na-exportacao-representa-perda-de-espaco-da-industria/| title = Avanço de commodities na exportação representa perda de espaço da indústria}}</ref><ref>{{cite web| url = https://brasil.elpais.com/economia/2020-03-04/mola-de-emprego-e-do-pib-industria-brasileira-nao-reage-e-emperra-avanco-da-economia.html| title = Mola de emprego e do PIB, indústria brasileira não reage e emperra avanço da economia| date = 4 March 2020}}</ref><ref>{{cite web| url = https://www12.senado.leg.br/noticias/materias/2020/12/16/brasil-precisa-exportar-mais-produtos-industrializados-diz-ney-suassuna| title = Brasil precisa exportar mais produtos industrializados, diz Ney Suassuna}}</ref><ref>{{cite web| url = https://www.comexdobrasil.com/participacao-da-industria-nas-exportacoes-brasileiras-desabou-43-em-2020-no-pior-resultado-em-44-anos/| title = Participação da Indústria nas exportações brasileiras tem o pior resultado em 44 anos| date = 4 February 2021}}</ref>

=== Imports ===
The main countries from which Brazil [[Importation|imports]] in 2021 were:<ref name=":2" />
* {{flagicon|China}} China: US$47.6 billion (21.72%)
* {{flagicon|USA}} United States: US$39.3 billion (17.95%)
* {{flagicon|Argentina}} Argentina: US$11.9 billion (5.45%)
* {{flagicon|Germany}} Germany: US$11.3 billion (5.17%)
* {{flagicon|India}} India: US$6.7 billion (3.07%)
* {{flagicon|Russia}} Russia: US$5.7 billion (2.60%)
* {{flagicon|Italy}} Italy: US$5.4 billion (2.50%)
* {{flagicon|Japan}} Japan: US$5.1 billion (2.35%)
* {{flagicon|South Korea}} South Korea: US$5.1 billion (2.33%)
* {{flagicon|France}} France: US$4.8 billion (2.19%)