Africans are suppliers of essential products to the South American country, including fundamental goods such as fertilizers and oil. In the first half of 2022, Brazil bought 5.2 million tonnes of African products, worth about USD 3.8 billion. Africa accounted for 3% of Brazil’s imports in the period in terms of revenue and 6.1% in volume. The progress over the same period last year was 51% in revenue but only 3.2% in volume. The product Brazil purchases most from Africa is fertilizers. Fertilizers accounted for over half of everything the country buys from the continent, with USD 2 billion and 2.8 million tonnes in the year’s first half. The second product on the list is oil, with USD 977,500 and 1.4 million tonnes.
Sources: Anba/Datamar News