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
- Even when we discount Brazil’s largest trade partner China, which gobbled up 32 percent of exports, smaller Asian economies bought 15 percent of the country’s goods sold abroad. That is more than the U.S. (10.3 percent) and almost ties with the European Union (16 percent).
Why it matters. Soon, Asia will account for the majority of our sales abroad, in a trend that is set to be further accentuated by the coronavirus. Western economies are still battling the outbreak and many are choosing the path of protectionism and insularization, as is the case with Argentina. Meanwhile, many countries in Asia appear to have overcome the...