Brazil: Exporter Guide
Link to report:
During 2019, the first year of President Bolsonaro's administration, Brazil registered some positive results. Although modestly, the country's Gross Domestic Product (GDP) expanded, the interest rate reached its lowest level, and Congress approved one of the most expected legislative acts, the Pension Reform. Imports of agricultural food products in 2019 decreased 2.6 percent, while imports from the United States shrank by 1.8 percent. Although the COVID-19 pandemic will play a critical role in the 2020 economic results, total imports of agricultural food products from the United States are forecast to expand.
