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Brazil’s agricultural exports to neighbor Venezuela are picking up

Brazilian agricultural producers are once again exporting food to Venezuela, even though the government of Jair Bolsonaro is very restrained in his dealings with his neighbor.

Official data from the Ministry of Economy shows that exports have picked up after a sharp decline in Brazilian sales in the Venezuelan market since last year.

The volume was still a fraction of Brazil's exports in 2012 when the flow exceeded the US$5 billion mark. At that time, the Venezuelan market was the eighth largest destination for national sales, and the decline in exports in 2019 represented a 23-year setback . . .

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