Brazil: Retail Foods
Brazil has finally overcome the worst recession in its history. In 2017, the retail sector responded positively, expanding 0.8 percent. In the same year, despite the uncertain climate and exchange rate oscillation, imports of consumer-oriented products to Brazil increased 1.6 percent compared to 2016. Sales of U.S. products to Brazil increased 7.6 percent, which helped the country maintain its market share of 6 percent. According to importers, consumer are starting to trade up again, a positive signal for U.S. exports to Brazil.
