Brazil expands leadership in the world ranking of agricultural surpluses

Published 2020년 12월 1일

Tridge summary

Brazil has emerged as the world's leading agricultural net exporter over the past 25 years, according to a World Trade Organization (WTO) study. The country's export dominance has extended across various commodities including sugar, coffee, orange juice, soybeans, corn, cotton, and meat, with its market share increasing while that of its competitors has decreased. The global agricultural export value has tripled from 1995 to 2019, driven by the growth in China as the largest agricultural importer. Brazil's lead is particularly notable in soybean exports, where it surpassed the United States to become the market leader, and in the global cotton trade, where it ranked second behind the United States. The WTO report also highlighted the rise in global food prices, which were 24% higher in 2019 than in 1995.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Brazil has consolidated itself over the past 25 years as the largest net exporter (difference between exports and imports) of agricultural products in the world, despite persistent protectionism and growing sanitary and phytosanitary barriers in the global food trade. This is confirmed by a survey recently concluded by the World Trade Organization (WTO), which reinforces the prospects that this trend, which has become more acute since the year 2000, should still deepen. The WTO secretariat prepared the study for the 25th anniversary of the agricultural agreement seized by the organization, and Brazil is certainly one of its highlights. If it was already the world's largest exporter of commodities such as sugar, coffee and orange juice in 1995, in the following decades the country also took the lead in shipments of soybeans, the most traded agricultural product on the international market, and established itself as one of the largest on the planet also in maize, cotton and meat. ...

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