Trade and Development In Brazil

Brazil is a big exporting economy everything from fruits and vegetables to military weapons. There are $219B worth of exports that come out of Brazil, making them the 22nd biggest exporters. They also import $140B of goods/services into their country. Because Brazil is mainly an exporting economy tariffs can impede their development. This is from the higher prices they will have to sell at to make any revenue, but these higher prices also bring down the demand for their product. Brazils main trade partners are China, The U.S., Argentina. There are not many trade barriers that Brazil needs to jump through because other countries need their good because they have trouble producing it themselves. For example this would be produces like ore, plants that grow best in Brazils ecosystem, and mast producing soybeans. Brazil over the years has developed quite well they have kept their exports grater than their imports scenes 2000. If they continue with this strategy then it will become easier and easier to develop and further their country (PL). 






Work Cited:
Pix, Lima. “Brazil.” OEC, oec.world/en/profile/country/bra/.