Brazil is a World leader in the growing and exportation of food.
Here, we focus on the grains and sugarcane/ethanol sectors.
The number of workers working in the agribusiness sector reached a record in the second quarter of 2023, reaching 28.3 million people, according to the Center for Advanced Studies in Applied Economics (Cepea) and the Brazilian Confederation of Agriculture and Livestock ( CNA).
The GDP (Gross Domestic Product) of Brazilian agribusiness reached a share of 27.4% in the national GDP, according to Cepea. The total GDP of Brazil was BRL 8.7 trillion in 2021, with agribusiness participation equivalent to BRL 2.38 trillion, practically ⅓ of everything produced by Brazil is related to agribusiness. The agro balances the trade balance.