Brazil’s Transportation Infrastructure and Competitiveness in the Soybean Market
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2021
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In 2013, Brazil surpassed the United States to become the world’s largest soybean exporter. As figure 1 shows, Brazil’s soybean production and exports have accelerated since its trade liberalization in the mid-1990s, and it has gained extra competitiveness over the United States in the export market during the US-China trade war, when China imposed several waves of retaliatory tariffs on US soybeans.
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