Brazil’s Export Shakeup: Crude Oil Dethrones Soybeans in 2024

The Brazilian Ministry of Development, Industry, Trade and Services (MDIC) reported a significant change in Brazil’s export dynamics for 2024. Crude oil surpassed soybeans as the country’s top export product, marking a notable shift in the nation’s trade patterns. Top Export Products Crude oil exports reached $44.8 billion, showing a 5.2% increase from the previous […]