Brazil Export Data
The Federative Republic of Brazil is another name for Brazil. It is situated in South America's central-eastern region. Brazil borders many nations, including Uruguay, Peru, Venezuela, and Argentina. In terms of land area, Brazil ranks third among the countries in North America. Brazil, with a land size of about 8,515,767 km^2, is ranked fifth in the world in terms of area. According to the Brazil trade statistics and trade data for 2023, Brazil was ranked 24th out of 226 countries as the world's top exporter of products. Brazil has long been recognized as one of the leading export countries in the world. With a rich diversity of natural resources and a strong manufacturing sector, Brazil has been successful in diversifying its export products.
According to Brazil’s export data, Brazil's goods exports were valued at $339.7 billion. Brazil's exports of goods rose by 2% in 2023 over the previous year. Mineral fuels and oils are the biggest export commodities of Brazil, while China is its biggest export partner. Brazil’s GDP is $2.17 trillion, with a GDP export share of 18.11%. Brazil is a part of the Mercosur trading bloc and Brazil’s trade activities are famous globally. Let us now delve into the details of Brazil's Export data, focusing on the major export trends, exports, partners, and opportunities that await in 2023 concerning Brazil's export sector in global trade.