Monday, January 7, 2019
Obstacles facing Brazilian exporters.
On the face of it, exports represent one of the few sectors of the Brazilian economy that are performing well. By mid-December, the country had accumulated revenues of 230 billion dollars from goods exports and a surplus of 54 billion dollars for 2018, ensuring the fourth consecutive year with a positive trade balance. However, beneath the surface, Brazilian exports are less healthy than they look: they are highly focused on low-value-added commodities, with poor technological content and extremely dependent on a relatively small number of large companies.