Brazil Sees Risks in Depending on China in Agribusiness

Amid commercial tensions between the United States and China, Brazil's role as a strategic food supplier has gained relevance in the global scenario. In 2024, China consolidated itself as the main destination for Brazilian agricultural exports, leading the purchase of products such as soybeans, beef, and cotton, and also ranking among the largest suppliers of essential agricultural inputs for the country. Data from Biond Agro, based on information from the Ministry of Development, Industry, Commerce, and Services, indicates that 73.4% of Brazilian soybean exports were destined for the Chinese market, moving more than US$ 31.5 billion. In total, the soybean complex generated revenue of over US$ 60 billion, remaining the flagship of the national export agenda. "China is, without a doubt, the main commercial partner of Brazilian agriculture, but this concentration creates a structural fragility. We need to balance this scale with new markets and input autonomy policies," says Felipe ...