Along with the vast population, the vast land area of the nation 8.5 million square kilometers records the country as the fifth largest by area and seventh largest by population. The federation composed of 26 states has a border with Argentina, Paraguay, Bolivia, and Peru in the east, west, north, and south direction.

At present the inhabitants there mainly the people of the tribal nations follow the rules and regulations of the Portuguese Empire that has ruled there in the earliest around 1808. The diverse range of oceanic areas in the nation like the Fernando De Noronha, Rocas Atoll, Saint Peter, and Paul Rocks accounts for the increased tourist fund revenue generation for a hike in the economic growth of the nation. Along with the increased consumption and production rate of the agriculture and industrial sectors the country has recorded a GDP of 1.7 trillion US dollars in 2023 with an export trade value of 246 billion US dollars according to the Brazil Trade Data, a significant hike of 5.4% in its growth rate from the previous few years.

Top 10 Exported Products of Brazil 2023

The production and consumption rate of the industrial and agricultural sectors controls the overall amount of products to be exported. Along with the consumer consumption rate the increased investments of the government also promote the export trade rates. As per the Brazil Export Data, the top 10 exports of the nation with its trade values of 2023 are discussed below,

• Soybeans (HS code-12)– The annual export trade rate of soybeans 2023 – 33 billion US dollars.

• Iron ores (HS code-26)– The annual export trade rate of Iron ores 2023 – 25 billion US dollars.

• Crude Petroleum (HS code-27)– The annual export trade rate of crude petroleum 2023 – 21 billion US dollars.

• Corn (HS code-11)– The annual export trade rate of corn 2023 – 7 billion US dollars.

• Poultry meat (HS code-02)– The annual export trade rate of poultry meat 2023 – 6 billion US dollars.

• Coffee (HS code-09)– The annual export trade rate of coffee 2023 – 5 billion US dollars.

• Gold (HS code-71)– The annual export trade rate of gold 2023 – 4 billion US dollars.

• Beef (HS code-02)– The annual export trade rate of beef 2023 – 3 billion US dollars.

• Soya bean oil (HS code-15)– The annual export trade rate of soya bean oil 2023 – 2 billion US dollars.

• Sugar (HS code-17)– The annual export trade rate of sugar 2023 – 2 billion US dollars.

Top 10 Export Destinations of Brazil 2023

Brazilian exports have been in rising demand across the globe nowadays mainly because of their high quality and better trade values. The expanding reach of trade across different nations is mainly because of the trade-in e-platforms or e-commerce trades. As per the Brazil Export Customs Shipment Data, the top 10 export destinations of the nation with its annual trade revenues of 2023 are discussed below,

• China – The annual trade rate of Brazil with China in 2023 – 70 billion US dollars.

• United States – The annual trade rate of Brazil with United States 2023 – 30 billion US dollars.

• Argentina – The annual trade rate of Brazil with Argentina in 2023 – 15 billion US dollars.

• Netherlands – The annual trade rate of Brazil with the Netherlands 2023 – 12 billion US dollars.

• Japan – The annual trade rate of Brazil with Japan in 2023 – 10 billion US dollars.

• Australia – The annual trade rate of Brazil with Australia in 2023 – 9 billion US dollars.

• Germany – The annual trade rate of Brazil with Germany in 2023 – 8 billion US dollars.

• South Korea – The annual trade rate of Brazil with South Korea in 2023 – 7 billion US dollars.

• Italy – The annual trade rate of Brazil with Italy 2023 – 6 billion US dollars.

• Chile – The annual trade rate of Brazil with Chile in 2023 – 5 billion US dollars.

Top 10 Leading Export Companies of Brazil 2023

The largest growing economies of the world have introduced a diversity of products in the global export market ranging from tech-equipped mechanical goods to staple food products with longer shelf life. As per the Brazil Customs Data, the annual export trade values of the leading export companies of Brazil are discussed below,

• JBS – Total export trade value of 2023 – 48 billion US dollars.

• Vale S.A – Total export trade value of 2023 –24 billion US dollars.

• BRF – Total export trade value of 2023 – 18 billion US dollars.

• Petrobras – Total export trade value of 2023 – 15 billion US dollars.

• Fibria Cellulose – Total export trade value of 2023 – 12 billion US dollars.

• Embraer – Total export trade value of 2023 – 10 billion US dollars.

• Ambev – Total export trade value of 2023 – 8 billion US dollars.

• Cargill – Total export trade value of 2023 – 7 billion US dollars.

• Gerdau – Total export trade value of 2023 – 6 billion US dollars.

• Natura and Co – Total export trade value of 2023 – 5 billion US dollars.

FAQ’s

Que. What is the GDP of the Federal Republic of Brazil
Ans. The GDP of the Federal Republic of Brazil has recorded a value of 1.7 trillion US dollars in 2023.

Que. Name the top exporting company in Brazil.
Ans. The top exporting company in 2023 is JBS.

Que. What information is available on Import Globals Brazil Export Data?
Ans. The Import Globals Brazil export data gives information on its top exports, top export destinations, and the leading companies of the nation.

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