Brazilian agricultural exports withstand Trump's trade war and hit a record high in July.

247 - Brazilian agribusiness exports reached their highest level ever recorded for July in the historical series: US$15,6 billion. According to official data released by the federal government, this amount represents a 1,5% increase compared to July 2024, with an increase of US$225 million. The growth was driven by increases in both the volume shipped and international prices.

The month was also marked by the beginning of threats from the President of the United States, Donald Trump, regarding possible additional tariffs on Brazil, with the first statement occurring on July 9th. Since then, authorities and representatives of the private sector have intensified efforts to mitigate potential impacts and expand the presence of agribusiness in new markets.

In the year-on-year comparison, coffee stood out with a 25,3% increase in export value. During the same period, 32 Brazilian companies received authorization to sell the product to China for the first time, bringing the total number of authorized establishments to 452.

Items such as apple juice (+623%), tobacco (+91,5%), bananas (+79%), eggs and yolks (+62%), hides and skins (+57%), fruits (+37,3%) and meats (+16,7%) — with an emphasis on beef — also registered strong growth. Products with historically smaller shares in foreign trade, such as croaker (+161%), fresh grapes (+89,4%), cashew nuts (+88%), vegetable oils (+87%) and honey (+37%), gained ground, a result of commercial intelligence strategies and actions by agricultural attachés abroad, such as the use of the AgroInsight platform.

China remained the main destination for exports, with US$5,62 billion in the month. Next came the European Union, which imported US$2,36 billion, a 16,4% increase. Markets such as Mexico (+23%), Saudi Arabia (+28,8%) and Thailand (+18%) also experienced significant growth, in addition to advances in Morocco, Bangladesh and Taiwan.

From January to July, agricultural exports totaled US$97,5 billion, a performance similar to the same period in 2024. During this period, products outside the traditional core of the export agenda grew by 21% in value. Since the beginning of the current administration, 399 new markets have been opened for agricultural products and more than 200 expansions of access have been granted, 13 of them in July alone.

Even in the face of falling commodity prices such as soybeans, sugar, pulp, and cotton, the sector maintained its foreign exchange earnings, supported by a strategy of diversification and market expansion.