Showing posts with label World Economic Forum. Show all posts
Showing posts with label World Economic Forum. Show all posts

Wednesday, 3 April 2019

Brazil falls in ranking of WTO exporters

The annual report of the World Trade Organization (WTO) indicated that Brazil has fallen from 26th to 27th in the ranking of the world's largest exporters.

The report was released yesterday. According to the Ministry of Economy of Brazil, in 2018, Brazilian exports totaled US$ 239.523 billion. In 2017 this number was US$ 217.739 billion.

Brazil was overtaken by Vietnam, which became the 26th largest exporter on the planet.

In general, commodities continue to hold the balance of Brazilian exports. The leader of the WTO ranking in 2018 was China, followed by the United States (2nd place) and Germany (3rd place).

In 2018, Brazil also fell in the ranking of world competitiveness made by the World Economic Forum. The country was in 72nd position, behind nations like Armenia, Bulgaria, and Romania. In 2017, the Brazilian economy was the 69th most competitive in the world according to the same ranking.

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