Economy

Brazil plans to strengthen commodity trade with Japan

May, 07, 2019 Posted by datamarnews

Week 201920

Brazil’s Agriculture Minister, Tereza Cristina, plans to restore Brazil’s credibility with Japan during her trip to Asia this month, following a downward trend in bilateral trade. The minister plans address the opening of the Japanese market to genetic material, avocados, and meat extract, among other commodities with her Japanese counterparts. The minister will travel to Japan, China, Vietnam, and Indonesia over the next 16 days.

Brazil’s chicken shipments to Japan reached 389,855 tons in 2018, equivalent to US$709.3m in exports revenue. Green coffee exports fetched US$322.9m in revenues last year, whereas soybeans brought US$219.3m in the same year.

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