Over the last six years, Brazil has steadily increased its share of world exports.
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According to the World Trade Organization (WTO)'s "Trade and Statistics Outlook" report, Brazil's share in the foreign market increased by 17.5% in 2017.
One of the main sectors responsible for this result was agribusiness, with trade in minerals also playing an important role. See Brazil's five most competitive exports below:
Soybean is Brazil's export champion. Between January and July this year, it accounted for 16.21% of all foreign sales, totaling 418.4 billion.
The main consumer of Brazilian soybean is China, which bought a whopping 78% of Brazil's shipments in the period. A third of all this soy also came from a single state: Mato Grosso.
Oil is one of the most strategically important items for any country's economy. The 24 million tons of it Brazil exported from January and June generated 410 billion in revenue, with the product accounting for 8.86% of total exports.
More than half of this volume (56%) was sent to China, coming mainly from Rio de Janeiro (75.6%) and São Paulo (18.9%).
Brazil has the third largest iron ore reserves in the world. It exported 179 million tons of the material in the first half of this year, generating 48.9 billion in revenue or 7.91% of all Brazilian exports.
Brazil's iron ore was shipped mainly to Asia: China imported 54% of the national production, coming mainly from Pará (44.3%).
Cellulose was Brazil's fourth best export in the last six months, with 7.9 million tons shipped abroad and a total 44.3 billion in revenue raised. Brazil's main importer here was once again China, which acquired 41% of national production in H1.
As for sources, 21.8% of all pulp shipped by Brazil was manufactured in the state of Mato Grosso do Sul.
The product, which is obtained with the removal of the shell from soybeans, saw a 2.94% increase in exports between January and June of this year, with a total 8.5 billion tons of the product sold and 43.3 billion in revenue.
Most of the product was sent to Europe: Holland bought 18% of Brazil's soybean meal, followed by France with 9.3%. The state of Mato Grosso was once again the main source exports: 36.3%. ■