Commercial results of Brazil and main commercial partners in 2009

Brazil is a major developing country, one of the four emerging markets that make up the BRI-Cs (ie Brazil, Russia, India and China). Overall, its economy has proven resilient during the global economic crisis. However, Brazil did not emerge unscathed from the crisis. According to the Brazilian Ministry of Development, Industry and Commerce, Brazil’s exports decreased by almost 25% between 2008 (USD 198 billion) and 2009 (USD 153 billion), and its imports also decreased by around 25%. during that period, from USD 173 billion to USD 127. trillions.

In 2009, for the first time, China became the largest importer of Brazilian products, replacing the United States. Although exports decreased by around 20% between 2008 and 2009 due to the global economic crisis, exports to China increased by more than 20% during that period (representing 10.2% of Brazil’s total exports). Meanwhile, exports to the United States fell by almost 40%, representing 10.2% of Brazil’s total exports. The other countries that completed the top five export markets in 2009 were Argentina, the Netherlands and Germany, which represent 8.4%, 5.3% and 4% of Brazil’s total exports, respectively.

Brazil has a very strong industrial base. It exports not only natural resources and agricultural products, but also industrial and commercial products. At the top of the list are natural resources (such as iron ore) and agricultural products (such as soybeans, coffee, and sugar). Moving down the list, however, its manufactured products include vehicle parts, aircraft, petrochemicals, and ethanol.

Meanwhile, when it comes to imports, both the United States and China are once again the top two countries exporting to Brazil. The United States is the first country (comprising 15.7% of Brazil’s imports) and China ranked second in 2001 (comprising 12.5%). Both countries reduced exports to Brazil by 20% between 2008 and 2009. The top five countries are Argentina, Germany and Japan, which comprise 8.8%, 7.7% and 4.2% of total imports from Brazil, respectively. Imported products include passenger cars, medicines, vehicle parts, potassium chloride, motors, and machines.