Brazil Daily

Brazil becomes more and more reliant on Asia

We’re covering the growing importance of Asia for Brazilian exporters. The new Federal Police Chief. And the possibility of a strict lockdown in Brazilian states.

Brazil’s future lies in Asia

On Monday, the Economy Ministry disclosed that Brazil’s trade surplus for Q1 2020 reached USD 6.7 billion, the highest in three years. From a closer examination of the data, we see that 47.2 percent of Brazilian exports headed to a single continent: Asia. Last year, the region accounted for 39.4 percent of exports — and 36 percent over the last five years, on average.

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