What is Brazil’s major export?

What is Brazil’s top 5 exports?

Brazil’s Top Five Exports

  • Sugarcane $10.4B.
  • Soybeans $19B.
  • Coffee $4.84B.
  • Beef $3.59B.
  • Orange juice $2.1B.

What is Brazil’s major imports?

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 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.

Who is Brazil’s biggest trading partner?

Also shown is each import country’s percentage of total Brazilian exports.

  • 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%)
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What are the top 3 exports of Brazil?

List of exports of Brazil

# Product Value
1 Iron ore 32,738
2 Crude Petroleum 20,694
3 Soybeans 17,404
4 Raw Sugar 13,176

What are the top 3 imports of Brazil?

Imports The top imports of Brazil are Refined Petroleum ($12.4B), Vehicle Parts ($6.19B), Crude Petroleum ($4.35B), Integrated Circuits ($3.83B), and Pesticides ($3.75B), importing mostly from China ($36.3B), United States ($32.6B), Germany ($11.3B), Argentina ($10.3B), and South Korea ($4.83B).

Which country is Brazil’s main trade partner?

The country’s main trade partners are China, the United States, the Netherlands, Germany, Argentina, Japan, Mercosur and the EU.

Why is Brazil so poor?

Brazil is underdeveloped because its economy failed to grow or grew too slowly for most of its history. … At the time of independence (1822) Brazil had one of the least productive economies in the western hemisphere, with a per capita GDP lower than any other New World colony for which we have estimates.