Brazilian agribusiness reaches historic milestone in global food security

Brazilian agribusiness exports totaled USD 164.4 billion in 2024, marking the second-highest value on record. The sector accounted for 49 percent of the country’s total exports, demonstrating its resilience despite declining international prices for some major commodities. 

The drop in soybean complex and cereal exports—driven by a smaller harvest and lower global prices—was offset by growth in other key segments. Meat exports increased by 11.4 percent, the sugar-alcohol complex grew 13.3 percent, forestry products rose 21.2 percent, and coffee exports surged 52.6 percent. Other segments, such as textile fibers, juices, cocoa products, and horticultural goods, also recorded significant growth. 

In 2024, Several sectors reached record export levels, reinforcing Brazil’s role as a major global supplier. Among the products with the highest growth were sugar, coffee, cotton, pork, beef, poultry, pulp, orange juice, and orange essential oil. Non-traditional exports also expanded, with notable increases in lemons and limes, chocolate, pet food, ginger, cocoa paste, and onions. 

China remained the leading destination for Brazilian agribusiness exports, totaling USD 49.7 billion. The European Union ranked second at USD 23.2 billion, followed by the United States, which imported USD 12.1 billion worth of agricultural products. Emerging markets also gained importance, with Africa seeing a 24.4 percent increase in imports and the Middle East up 20.4 percent, driven by renewed diplomatic engagement and trade promotion efforts. 

These results align with the government’s strategy to diversify both exported products and market destinations. In 2024, Brazil recorded unprecedented export growth in various sectors where it has been increasing its global market share. This success was fueled by a record number of new and expanded trade agreements, along with intensified promotional efforts abroad—particularly for emerging value chains with high commercial potential. 

Rising agricultural production has allowed Brazil to meet domestic demand while generating export surpluses, boosting foreign exchange revenues and job creation, particularly in rural areas. 

According to Luís Rua, Secretary of Trade and International Relations, “The sector maintained its leadership, accounting for half of Brazil’s total exports. This achievement reflects the commitment of both the government and the private sector to deeper global integration through product and market diversification.” 

Looking ahead to 2025, Minister of Agriculture Carlos Fávaro emphasized: “With record harvests projected across multiple agribusiness sectors, combined with continued efforts to expand market access and significantly strengthen trade promotion—led in partnership with ApexBrasil and the Ministry of Foreign Affairs—Brazil is poised to set new records in both export volume and value next year.” 

With an expected record harvest, stronger trade promotion efforts, and expanded international market access, Brazil’s agribusiness sector is positioned for continued growth in 2025, reinforcing its role as a cornerstone of both the national economy and global food supply.


Press information
imprensa@agro.gov.br