Brazil Weekly

How did Covid-19 affect Brazilian trade?

This week, we pick apart the good and the bad in Brazilian trade during the Covid-19 crisis. Government set to cut tax breaks on the chemical industry.

Deep Dive: Brazilian trade during the pandemic

trade brazil Port of Santos, Brazil's busiest. Photo: Stefan Lambauer/Shutterstock
Port of Santos, Brazil’s busiest. Photo: Stefan Lambauer/Shutterstock

The Economy Ministry published its first annual survey of Brazilian foreign trade during 2020, showing how the pandemic affected the flow of goods to and from Latin America’s biggest economy. Despite huge challenges and less-than-ideal trade figures, the data shows that Brazil was able to make imports and exports less bureaucratic.

Why it matters. Brazil is a historically insular country when it comes to trade,...

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