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The Covid-19 pandemic may reduce 2020 China’s commodities purchases from Brazil by some USD 2.8 billion, according to a study by the United Nations. The biggest drop will come in grains (USD 2.709 billion) and processed food exportation (USD 2.245 billion). In the best-case scenario drawn up by the UN, Brazilian sales to China will fall to USD 939 million. The estimates were reached by way of trade information from February and January.
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