Agribusiness: pandemia Covid-19 and the impacts on trade between Brazil and China

Abstract

From the perspective of Sino-Brazilian trade relations, this article aims to analyze the impacts caused by the COVID-19 pandemic on exports of agricultural products between Brazil and China in 2020, when the pandemic began, as well as the possible Chinese changes in their food security strategies and geographic diversification of import of agricultural products, accelerated due to the global health crisis and that will require special attention from the national sector. In this context, this article, conducted by a qualitative approach and bibliographic and documentary review, found that the pandemic caused by the SARS-CoV-2 coronavirus caused enormous degradation of the economic environment and employment levels and, above all, the purchasing power of the Brazilian population. Nevertheless, agribusiness, the country's economic sector that exports the most and generates a trade surplus, was not affected by the global pandemic in 2020 and continues in 2021 with favorable prospects, mainly: a) due to the high Chinese demand for commodities; b) conflicts in Sino-American relations; and c) exchange devaluation, notably of the Brazilian currency against the US dollar and the Euro.

Keywords

• agribusiness
• brazil
• china
• covid-19
• business relationship