Panorama of Brazilian exports

Brazil is a resource-rich country, and this can be very interesting for other countries that need to import products for local marketing.

With its robust structure, Brazil has large-scale agricultural production conditions and becomes an interesting option for the rest of the world to invest in imports, due to the economic conditions it offers.

But those who think that Brazil is only about soy and meat will be surprised by the wealth of products produced in the country that can be exported and the good conditions for this import market to other countries. See an overview of Brazilian exports  below.

Products for import from Brazil

According to a CNN report, with data from the United Nations Food and Agriculture Organization (FAO), in addition to soybeans, coffee and meat, Brazil is still the champion in exporting other products such as sugar, cereals, corn, oilseeds and citrus fruits.

But what really draws attention are other unusual products export champions in the country, such as:

  • pepper
  • watermelon
  • pineapple
  • papaya
  • coconut
  • cassava
  • cashew
  • tobacco
  • sisal and other fibers

A survey carried out by the Instituto Millenium in partnership with ODX also shows that these cited products place Brazil in the 1st to 5th place of world exports.

Therefore, when it comes to agricultural products, we can say that Brazil is one of the main countries contributing to the import of others. But where does this wealth of resources come from?

The production structure of Brazil and its resources

Brazil is a continental country that has a lot of space for agricultural production. Therefore, it is possible to see a variety of products being exported and many other nations interested in import.

This variety comes from the geographical diversity that provides the appropriate climate for each production, each region being rich in its specialties.

In every corner of the country there are different resources to be exploited and with the creation of a sustainable plan, it is possible to create a source of renewable resources that reduces environmental impacts and guarantees the supply of resources for longer.

Over the years, the country increases its production and export and contributes to the supply of many countries. In addition to its diversity of products, it is still necessary to take into account its large scale of production thanks to the amount of territory, available labor and increased technology in this production that makes the work more efficient and consequently produces more.

The economic advantage for import from Brazil

One of the most interesting factors for those who want to import products from Brazil is the economic advantage that most countries have over it. Brazil is not experiencing one of its best moments in relation to the appreciation of its currency and this can be an advantage.

The real is very devalued against the dollar and the euro, which brings advantages to countries that use these currencies, such as the United States and the countries of the European Union.

The problem of Brazil’s economic crisis intensifies with its political instability, opening more space for its market to be devalued and the price of imports to decrease.

Therefore, at a time of attempted economic recovery, post-pandemic and with the arrival of the new elections in 2022, Brazil intends to do more business with other countries, increase its production capacity and show the world what it is capable of.

This seems to be a good time for other countries to take advantage of what Brazil has to offer best.

Conclusion

Even though Brazilian exports have not suffered from the impacts of the pandemic, it is a triumph of recovery of the economy that suffers from other factors such as unemployment and inflation. Therefore, this is a time when Brazil must use its resources to resume growth.

As a result, many countries can take advantage of the country’s diversity and scale of agricultural production to expand import trade and make a good deal. With the devaluation of the Brazilian Real, it will be very advantageous to import high quality products from one of the largest producers in the world.

Finally, the ideal is that foreign trade professionals have good connections to make their negotiations. It is also important to be always up to date on market information and on the products being marketed, giving attention to those who are at a good time.

Fortunately, you can find these and other information about foreign trade here on our blog. Did you like finding out about the expectations for the importation of products from Brazil? Do you think this is a good business for the coming years? In addition to agricultural production, what do you think Brazil can be stronger in import in the near future?

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Learn about Brazil’s GDP and how it may represent a good business opportunity

You are most likely reading this article because you would like to know what Brazil’s current GDP is. And we are going to give you that answer. At the same time, we would also like to provide you with an important caveat: regardless of whether there is an increase or decrease in Brazil’s GDP, there are always plenty of potentially very lucrative business opportunities out there. Learn why.

The purpose of this content is to offer information that can be understood by anyone, even those who are not interested in economics or don’t know much about it. To do so, we have divided this article into headings that are rather educational in nature, but that will also help you to understand Brazil’s GDP and the business opportunities that exist in exporting!

  • What is GDP?
  • How is Brazil’s GDP organized?
  • What is Brazil’s current GDP?
  • How might the current GDP constitute a good business opportunity?
  • Awareness of commodities

What is GDP?

Gross Domestic Product refers to the total sum of all goods and services provided in a location during a specific period. In other words, theoretically speaking, GDP is a simple concept. In practice, however, the GDP provides us with an indicator of a country’s economic development.

And how does this all add up? If a country is growing, this means that people are producing more. This also means that more income is being generated. Currently the United States has the world’s largest GDP, which represents more than 1/5 of the world’s total production of goods and services.

With this in mind, it is easier to understand what the GDP is used for: measuring the wealth produced throughout a period of time and compare the economic growth of select regions, such as countries. This also tells us, for example, which areas are experiencing a higher level of income generation.

This also makes it easier to understand per capita GDP. This is a region’s GDP divided by the number of inhabitants. This data, however, does not take social inequality into account. This is why Brazil has an extremely high GDP, but also a significant number of inhabitants experiencing a high level of poverty.

How is Brazil’s GDP organized?

Your next question might be “what exactly makes up the GDP”? This is also something that is relatively straightforward. And don’t worry, we are getting to the topic of Brazil’s current GDP. First of all, it is important to know how Brazil’s GDP is structured.

The answer is simple: by state. This makes the data somewhat disproportionate since the South and Southeast regions of Brazil represent more than 70% of the country’s GDP. But we’re talking about the composition of Brazil’s GDP and not its distribution amongst states here.

There is also a global GDP ranking by country. In addition to the United States of America, China, Japan, Germany, the United Kingdom, India, France, Italy, Canada, and South Korea also round out the list of top-ranked GDPs. According to 2020’s GDP ranking, that is.

What is Brazil’s current GDP?

As you may have noticed ‘PIB Brasil’ refers to Brazil’s GDP.  According to IBGE (the Brazilian Institute of Geography and Statistics), Brazil currently has a GDP of R$ 7.5 trillion. This data, however, is from 2020. When we take a look at 2021’s figures and want to find Brazil’s current GDP, things get a bit different.

This is due to the fact that Brazil’s GDP during the first quarter of 2021 was R$ 2.2 trillion, which suggests that the country’s economy is making significant advances. These results indicate a total growth of almost 4% on the quarter in relation to all four quarters in 2020 combined.

When we consider historical data for Brazil’s GDP, however, we can see still an upward trend. This because, after a sudden drop in Brazil’s GDP in the second quarter of 2020, the graph representing Brazil’s current GDP continues to move in an upwards direction.

To provide a bit more of an updated context, Brazil’s GDP dropped 0.1% in the second semester of this year. However, it was expected to increase by 0.2% during this period. And what do specialists have to say about that? “Overseas demand saved the day” since exports increased 9.4% during the same period.

How might the current GDP constitute a good business opportunity?

Now it’s time to really tie all this content together so that it all makes sense. We have already seen that the GDP gives us an idea of country’s economic growth, particularly with regards to industry. When we answered the question “what is Brazil’s current GDP?”, however, we found that the country’s GDP actually most recently decreased.

So, how is this a good thing? This is also good news because we saw an increase in exports and this is a reflection of Brazil’s potential for those who sell products and services outside of the country. In fact, Brazil’s external sector has proven itself to be the engine driving the country’s economic growth.

Falilou Fall, an economist with the OECD, recently made this claim. This is what he had to say:

Highlighted Text: “The external sector will continue to act as the main engine driving economic growth, driven by commodities and a strong demand from the United States and China”.

Awareness of commodities

We’ll end this article by detailing which commodities must really receive attention when we’re talking about exports. Now that we know Brazil’s current GDP, it is important to note that this same data also showed a strong increase in the price of commodities.

Particularly raw materials involved in agriculture and livestock, as well as mining. During this period, there was also a significant increase in the price of soybean when compared to the same period in 2020. What could explain such a change practically overnight? You already know the answer.

The restart in the economy! With the global advance of vaccination campaigns and considerable economic growth in Asia, one of the main purchasers of Brazilian products, Brazil’s trade balance had the biggest surplus seen in 33 years, despite there being a small decrease in GDP during the most recent period.

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Brazilian Foreign Trade: main insights of the first half of 2021!

Brazilian Foreign Trade: main insights of the first half of 2021!

Keeping up to date with the market is fundamental for every business that aims to raise its standard and continuously improve its processes and deliveries. 

So, are you keeping up to date with events related to Brazilian Foreign Trade?

Well, if you deal with import and export operations, the execution of which involve a lot of bureaucracies, keeping up with the issues is more than necessary. This will help you avoid problems, optimize issues, and streamline certain steps.

It is worth mentioning that today Brazil exports many industrialized and semi-manufactured products, of which can highlight shoes, tropical fruits, textile products, beverages, industrialized foods, mechanical devices, and chemicals, among others.

In this content, you will have access to the main insights of the first half of 2021 regarding Brazilian Foreign Trade. 

How was its performance? What were the most imported and exported products? What about the main challenges faced in operations? Continue reading and check it out!

First half of 2021 and Brazilian Foreign Trade

The Ministry of Economy is responsible for, at the beginning of each month, disclosing the Brazilian Trade Balance numbers registered in the previous month. Thus, it is possible to view relevant information and have a greater understanding of the steps that have been taken.

As such, the disclosure serves as a useful thermometer to visualize actions within your business, review certain points and even predict scenarios, as it is feasible to know the value exported and imported in the period, the volume, the main products traded, the destination of exports, the origins of imported products, etc.

Regarding this first half of the year, in January alone, the Balance recorded a deficit, while in the other 5 months, exports were greater than imports, thus configuring a trade surplus.

In 2020, the 10 most exported products from Brazil were:

  • Soybean;
  • Crude petroleum oils;
  • Iron ore;
  • Cellulose;
  • Corn;
  • Chicken;
  • Manufactured products;
  • Beef;
  • Soybean meal;
  • Sugars and molasses;

This list is very similar to the context of 2021, which has soybeans, coffee, beef, and cotton as the most recorded items in the negotiations, which joins the previous list.

In imports, intermediate goods stood out in the Scale, focusing on chemicals, electronic inputs, and fertilizers. 

For the coming months, the expectation of an increase in imports is almost 30%, and  46.5% for exports, with the possibility of a historical record of USD 307.5 billion exported in the year.

Despite the impacts generated by the pandemic on the economy, with factors still to be worked on for the country’s recovery, the situation is positive, since the vast majority of Brazil’s trade partners, such as China, the United States and the European Union, are already in good condition.

In addition, it is important to note that the Trade Balance surplus for the first half of this year was the largest since 1989, registering a value of USD 37.5 billion, which is almost 70% higher than that recorded in the first half of 2020, whose surplus was USD 22.3 billion.

Obviously, it is not possible to disregard the moment that not only Brazil, but also the world was facing, as a result of Covid-19. Restrictions, with even flight interruptions and border closures, contributed substantially to the lowering of numbers in the sector.

Thus, the current analysis of the data leads us to the understanding that even with all the challenges, the country gradually rises in the midst of chaos.

What to expect from Brazilian Comex next year?

With the commercial opening, the forecast is that there will be an economic expansion, fundamental to the balance of the general conjuncture. In this regard, an alternative to be envisioned concerns the increase of commercial partners, which can add strategic and innovation advantages, contributing to greater market competitiveness.

When it comes to the segments with the greatest potential, the name agribusiness soon appears. Only in these first six months of 2021, the performance of the agricultural sector was almost 30% higher compared to the first half of 2020, which shows the strength of such activities in the field.

In terms of attention, it is essential not to ignore the new outbreaks of Covid-19, propagated by the new variants, while the world advances in the application of vaccines.

In addition, the lack of raw material can still cause problems for operations in the sector, which can raise prices and increase delivery time. 

According to a survey by Fundação Getúlio Vargas (FGV), 52.4% of companies in the industrial sector experienced difficulties due to the lack of raw material in June this year.

In summary, as has already been said, it is necessary to keep up to date around the reports and information to act strategically in the face of the scenario.

So?

As we have seen in this content, Brazilian Foreign Trade is an important axis in the economy, largely due to the quality of export products. 

Even with the impacts experienced around the world since last year, it is worth celebrating small victories, and waiting for the possible historical record of USD 307.5 billion exported in the year.

Investment holding Quattuor announces acquisition of Rentalog Global Logistics

Investment holding Quattuor announces acquisition of Rentalog Global Logistics

Operation will increase Quattuor Holding’s market share and services in the area of international logistics

Quattuor Holding, which already had DC Logistics Brasil and AMTrans Logistics under its control, has recently announced its acquisition of Rentalog Global Logistics. The company adds expertise and Quattour will maintain its operations individually despite each company focusing as a whole on offering the best possible service in foreign trade, expanding its presence nationwide, and guaranteeing best practices at the global level.

The addition of Rentalog Global Logistics points towards the path that Quattuor Holding has set out for the future: an increase in market share with sustainable client growth. “We will honor the history of each company, aligning them with our objectives, expanding our network of operations and building, together, the best way of doing business, which is with a focus on people”, affirmed businessperson Ivo Mafra, Quattuor Holding’s shareholder.

Founded in 2012 in Itajaí, in the Brazilian state of Santa Catarina, Rentalog’s mission is to provide a secure, profitable, and competitive service, offering complete client satisfaction, developing transparent and lucrative partnerships, and quickly established itself as a point of reference the marketplace. Quattuor took note of the opportunity that existed and is seeking to foster an increase in market share by pursuing the 7-27. Rentalog, for its part, analyzed market tendencies and saw that the best means of obtaining growth was through building synergy with Quattuor. It was an opportunity for partners whose main concern is the continuity of the company and its people.

Mafra strongly believes in the integration of businesses, allying the expertise and tools of each company in order to provide more efficient services, with customized services and a portfolio that offers greater possibilities. “This is a step that we were carefully planning while observing companies in the marketplace with a great potential to be aggregated. This consolidation reinforces our desire to meet the demands of Comex, prioritizing clients and maintaining the organization culture of each one of our group’s companies,” Mafra continued.

The companies part of Quattuor Holding

DC Logistics Brasil

Founded in 1994 to carry out activities involved in international transport logistics management, DC Logistics Brasil offers exceptional services that set it apart from other companies in the marketplace. Its operations include 12 company offices spread throughout Brazil and its influence covers important connections between major national and international logistics hubs. Throughout the decades, DC Logistics Brasil has operated at the highest level, something that has guaranteed the company important recognition both in Brazil and overseas, such as, for example, Infraero’s Logistics Efficiency Award 2018 and WCA World’s Best Partner Worldwide, for which it was selected as the best global partner eight times. Detailed information about DC Logistics Brasil can be found at the website www.dclogisticsbrasil.com.

AMTrans Logistics

AMTrans has been active in international transport logistics management since 2001, reaching the important mark of being among the major independent agents for the movement of container in the country. It has three company offices spread throughout Brazil, providing its operations with a high level of agility.  More information on AMTrans Logistics can be found at the website www.amtrans.com.br.

Rentalog Global Logistics

The youngest of the companies in the holding, Rentalog Global Logistics offers experience and technical professionalism allied with a jovial spirit.  Rentalog was founded on the 2nd of April 2012 and relies on a team that is focused on results and providing high-quality services to clients. The company reinforces its competitiveness on the marketplace through its well-connected network of company agents throughout Europe, Asia, North America, and South America. Rentalog Global Logistics has at its core what Quattuor Holding focuses on: providing solutions that are tailored to be best suited for each client. More information about the company can be found at the website www.rentalog.com.br.

 

International sea freight shipping: how to deal with high prices?

International sea freight shipping: how to deal with high prices?

If you want to import or export from Brazil, you need to be clear on how this process works, but more than that, it is important to be aware of the increase in international maritime freight prices, in the current market panorama.

In this regard, we know that bureaucratic issues usually generate delays and difficulties in the operation, as well as specific situations, which are able to occur internationally, contributing to more costly demands, which influence the company’s business.

However, if you are determined about the advantages you can obtain when negotiating with Brazil, it is feasible to look for alternatives to act in the face of the less favorable scenario. 

Today, it is worth mentioning that the country exports several industrialized and semi-manufactured products , such as shoes, tropical fruits and textile products.

In order to elucidate your trajectory, in this content, you will have access to information and possible paths that can be crossed to better deal with this point that has affected both logistics operations. 

As a result, we hope that you will feel more able to carry out your processes assertively, contributing to growth in the sector. Continue reading and check it out!

International maritime freight and high prices: how to deal with it?

The news that trade as a whole has been facing several challenges with regard to meeting deadlines is not new, due to the inequality in relation to the supply and demand of containers.

This inauspicious scenario is largely connected to the crisis brought on by the Covid-19 pandemic, which brought about several changes worldwide, in the most varied sectors. 

One of the results of the situation was the increase in international maritime freight, which was unable to remain accessible and available for shipments.

Furthermore, a problem faced concerns the scarce shipbuilding capacity, which needs to grow and modernize as soon as possible, aimed at an expansion of the fleet for the coming years. If this occurs, there are great chances of stabilization in the financial field of freight, improving import and export relations.

In practice, when the value of freight rises substantially, in order to impact the final price of the product, there is a decline in forces and a decrease in competitiveness, since many exporters are no longer able to carry out their vessels of products. 

As for the people who choose to import, it is also common for them to alternate their route, because the value of the goods to the desired destination becomes very high, unbalancing trade.

Check out some alternatives for dealing with high prices

NOR (Non-Operating Reefer) Operations 

One way to acquire advantages with international maritime freight in operations with Brazil can be through NOR (Non-Operating Reefer) operations.

Put simply, this is a Refrigerated Container that is turned off, that is, it does not work for all types of cargo, for example, if the idea is to house meat or fruit.

However, if the objective is to ship manufactured products and dry cargo, in general, that do not require specific temperature control, this is a good way to save. 

Depending on the time of year, shipping for a container can be up to 40% cheaper than the Dry option.

Planning and flexibility regarding the date of shipment and division of batches

A crucial point in any successful organization is in planning, which needs to be efficient, in order to have flexible boarding dates and division of batches. After all, it is a fact that opting for short terms can result in greater margins for errors and higher prices, which you probably don’t want, right?

Therefore, it is essential to think about all stages of logistics, including the storage process, which can be done in its own or outsourced structure. 

In the receiving part, the focus should be on checking quantity, inspecting items and identifying them. As such, it is also important to check details, such as batch, manufacture and serial number. 

The planning must be thorough, containing what will be done after the goods are checked and identified, how the items and information about the shipping stage will be separated. With all the records made, your operations will certainly be more agile and less problems will have to be solved.

So?

As we have seen in this content, the operation of international maritime freight has undergone changes in the production chain, which contributes to the current scenario, with the increase in prices. As a result, there are fewer import and export processes, harming those who work with both.

Due to this, it is essential to go after mechanisms to deal with such contrasts, as you can observe throughout the reading.

Therefore, DC Logistics Brasil operates with high performance logistics delivery, with effective operations management. 

We have a network of agents that allows us to offer a global service, with proactive follow-up, flexibility and online cargo tracking tools. All made to provide the best customer experience.

We have extensive experience in maritime mode and serve several vertical markets. You can rest assured, as we are judicious in the analysis of cargo and route, in addition to having a fully prepared structure, guiding each essential phase.

To learn how we can contribute to your import or export process, click below and request a freight quotation with us with no commitment.

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Fruit import: 4 reasons for you to enjoy Brazilian production!

Fruit import: 4 reasons for you to enjoy Brazilian production!

The import of fruit from Brazil may be a relevant point for several countries that wish to diversify their production with quality and flavors typical of the region.

Some nations even purchase food to be used in the base of their products, such as fruit puree and snacks. This is an interesting way to add variety to the sector, offering a more comprehensive range of options for consumers.

With the progressive dissemination of information via the internet, for example, the images and characteristics of typical fruits spread more easily, sharpening the taste of many.

It is a fact that it is still a challenge to find logistics suppliers that perform the import with agility and security, however, the benefits are many for those who can overcome some barriers.

In this content you will have access to 4 reasons to take advantage of Brazilian production, adding advantages to your business. Continue reading and find out!

Fruit import: here are some good reasons to join from Brazil

When choosing a country that will serve as a food supplier for your venture, it is essential to have some criteria in mind. Undoubtedly, in this sense, it is necessary to be attentive to the quality and ease of cultivation, factors that directly interfere with the success of any corporation.

Thus, it is worth looking at the production of Brazilian fruits, which has both crucial points, drawing the attention mainly of European traders.

In the cultivation field, aspects such as agricultural potential, due to the native lands and climate, attract those who crave opportunities to increase their profits.

Thus, the Brazilian market has generated good results, with ample capacity to grow if it is better exploited. This can be positive for international trade and that is exactly what we will talk about next.

Check out the 5 tips we’ve prepared for you!

1 Quality and variety of production

Unlike many countries, Brazil has a great diversity of unique fruits, typical of some states, such as Pernambuco and Bahia, two fruitful references.

One of the reasons for this scenario is due to the existence of crops scattered all over the place. After planting, high numbers of bananas, oranges, grapes, pineapples, apples and watermelons are usually obtained.

Other highlights in the production come from São Paulo, Bahia, Rio Grande do Sul and Minas Gerais. It is also worth mentioning the São Francisco Valley, which has irrigation technology and stands out in mango production and national table grape production.

Furthermore, the country has an advantage in the supply of tropical fruits because it has a temperate climate throughout much of the year, which is possible due to its territorial extension, geographical position and privileged soil.

2 Compliance with sanitary standards

In order to export from one country to another, it is necessary to comply with the sanitary and phytosanitary requirements of the importing country. The main requirements relate to measures to protect the health and life of humans and animals, preserve the integrity of plants and protect the territory.

In addition, one of the phytosanitary requirements relates to pest control, so it is important to choose a supplier that has valid certification in the sector, acting in accordance with the laws.

Indeed, there are efficient ways for producers to ensure compliance with the quality and safety of their fruits, through tools for monitoring, making it feasible to analyze if there is contamination, which is useful for both exporter and importer.

The truth is that with strict international standards, Brazil has been increasingly preparing to compete in the market and, obviously, this requires the certainty that no disease will enter through food.

3 Use of technologies

The other reason for the import of fruits to be attractive refers to the use of technology. This has become a demand of many farmers, who have invested in the modernization of the sector.

Thus, the aims is to increase production and obtain excellent harvests, which may occur through genetic improvement. The aid of technology can also serve to control the crop geographically in time and space, minimizing impacts on agricultural performance.

4 Competitive advantages

Finally, another reason to join the Brazilian production is due to the competitive advantages, after all, by adding more fruit options to the mix of products of your business, customers are satisfied.

So?

As we have seen in this article, the Brazilian market has the potential to expand from the cultivation and marketing of fruits through imports and exports.

This ends up being advantageous for countries at different levels, with respect to the increase in competitiveness that occurs through diversified products.

If you want to know how we can contribute to your fruit import, click below and request a freight quotation with us!

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Brazilian-foreign-trade-scenario-registers-growth-in-2021

Brazilian foreign trade scenario registers growth in 2021

Those who are following the current scenario of Brazilian foreign trade know that there are many business opportunities, especially for imports.

And we affirm this through our extensive experience in international logistics. After all, our team of specialists operates in markets in many countries. So, we can see that Brazil has excelled year by year.

We have created this content with those of you who want to carry out foreign trade operations with Brazilian businesses in mind.

Here we list everything you need to know to update yourself on this promising moment to import from Brazil.

Check out the most relevant market data, products, inputs and raw materials, and seize the opportunities of Brazilian foreign trade in 2021!

20 Brazilian products that boosted foreign trade in 2020

Brazilian foreign trade was already showing good results at the end of 2020. Even during the challenging scenario we are in, impacted by the coronavirus pandemic, good results were recorded for imports and exports.

In our blog, we have the tradition of listing the most exported products from Brazil for the year. In 2020, the list was led by:

Brazilian foreign trade scenario registers growth in 2021

Mainly through the movement of these products, Brazil recorded the following results:

  • USD 31.21 billion recorded with the flow of foreign trade in February 2021, with an 8.2% increase in the daily average, compared to the same month last year;
  • Exports grew 3.9% and totaled USD 16.18 billion;
  • On the import side, there was an increase of 13.4%, totaling USD 15.03 billion;
  • The trade balance recorded a surplus of USD 1.15 billion;
  • In addition, exports were driven by an increase in sales of 3.5% in the Manufacturing Industry and 13.8% in the Mining Industry;
  • And Brazilian commodities such as oil, sugar, coffee and meat recorded export records in 2020, in addition to a 13% growth in soybean exports.

Who is importing from Brazil and why?

Today, according to an analysis shared by Banco Santander, Brazil is among the 25 largest exporters and importers in the world. It is also the largest economy in Latin America, in addition to the ninth in the world list. This proves the economic potential to conduct good negotiations.

“While Brazilian exports were able to remain relatively stable due to the pandemic, driven mainly by a higher demand for agricultural products from Asian countries and the real devalued, the unprecedented drop in the volume of imports – with the main reduction observed in fuels and lubricants – was a result of the reduction in domestic demand amid the economic crisis caused by the pandemic,” notes Santander’s assessment.

It is important to consider that currently the main partners of Brazilian foreign trade are the markets of China, the United States, the Netherlands, Germany, Argentina, Japan, Mercosur and the European Union.

And the country continues to make changes to gain more competitiveness and space in foreign trade. One of the strategies adopted was to reduce documentary compliance time for export and import, as is also observed by Santander.

Brazilian foreign trade scenario registers growth in 2021

Agribusiness is still the sector of greatest interest in foreign trade for those importing from Brazil.

Import trends from Brazil in 2021

As can be concluded from the list we presented at the beginning of the content, agribusiness is still the sector of greatest interest to those who import from Brazil.

One of the most relevant commodities in the segment is soybean. Brazil is the second largest product in the world, registering an average productivity of 3,362 kg per hectare.

The importance of agribusiness is such that this is the main pillar of foreign trade between Brazil and China.

Proof of this was the statement of Chinese ambassador Yang Wanming released by The Rio Times, in which he reinforced the broad interest of Chinese companies to invest in technologies and infrastructure in this sector in Brazil so that the country continues to meet the demands of Asian imports.

In addition, there is a strong trend towards strengthening foreign trade in the energy sector. The Chinese are also very active in negotiations on wind and solar energy, as observed by the portal Dialogo Chino.

To top it off, imports focusing on the Brazilian beauty and hygiene industry have also stood out in recent months. The segment registered its first surplus in 10 years.

The result was a reflection of the high commercialization of toiletries, perfumes and cosmetics, and was driven by the devaluation of the real against the dollar, as published by Premium Beauty News.

We can help you import from Brazil with great efficiency!

Even amid the challenges and economic impacts generated by the pandemic, Brazilian foreign trade continues in growth.

And you can take advantage of this promising landscape in your business. Therefore, it is important to rely on a logistics partner that guarantees the confidence necessary for its import.

This is what our team has to offer for your operations! Our experts are on hand to help you conduct the best negotiations with Brazilians, as  we do in 186 countries where we operate.

And our complete solutions meet your import with agility, security and high performance. It is worth remembering that we are active members of the network of independent agents WCA, PPL, PCN and SFN.

So, request a freight quote without commitment and learn more about how our work can contribute to your import.

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Electronic Correction Letter CC-e: find out what it is and in which cases it can be used!

Electronic Correction Letter CC-e: find out what it is and in which cases it can be used!

As in any document, the completion of electronic invoices is subject to possible errors. It is to remedy these misunderstandings and ensure the smooth progress of trade relations that the Electronic Correction Letter exists!

Even with similar resources, such as the adjustment or supplementary tax invoice, the CC-e serves to correct specific fields more practically, in cases that do not compromise essential operations of the (NF-e electronic tax invoice) such as prices, taxes and quantities.

Extremely advantageous in situations of nonconformity, its use requires special attention, as the document counts aspects and limitations that must be observed in order for its validity to be assured.

Find out more about the Electronic Correction Letter concept, its applications, situations in which it can and cannot be used, as well as its main points of relevance below. Continue reading!

What is the Electronic Correction Letter?

The act of issuing electronic invoices sometimes requires certain less-common procedures to be performed.

Once authorized by SEFAZ, the NF-e cannot undergo any type of modification, as changes to its content invalidate the digital signature.

Where an irregularity is found after issue, it is possible to cancel the invoice, provided that the goods stated therein have not circulated.

Another possibility is to issue an additional invoice or adjustment according to each situation. The most appropriate feature, however, is that the errors are corrected in the fields in which they occurred.

For this specific correction to be made in an appropriate and authorized manner, we have the Electronic Correction Letter, known as the CC-e!

As the blog Infovarejo points out, the CC-e does not change the file of the NF-e issued, but functions as a supplementary document, able to textually clarify the corrections related to the invoice in question.

Basically, the Electronic Correction Letter acts like the traditional paper correction letters, but with adaptation to the current computerized invoice issuance system.

Without a defined standard, the text entered in the CC-e is free and can be up to 1000 characters long. Its description must be clear, objective and accurately point out the corrections that need to be considered.

What is it for?

The paper correction letter has no longer been used since 2012 as determined by  the  SINIEF Adjustment

Therefore, the issuance of the Electronic Correction Letter is mandatory for the resolution of any misunderstanding or irregularity present in an electronic invoice.

Its sole and main objective, therefore, is the eventual correction of information present in the NF-e.

The CC-e was regulated by means of a decree that has been valid throughout the Brazilian territory since 2011.

When using it, however, it is necessary to bear in mind that not all fields of an electronic invoice can be rectified. Check out the situations that can be corrected by the Electronic Correction Letter in the following item!

In which situations can it be used?

As mentioned earlier, not all data from an NF-e can be changed using the CC-e!

The information that can be reviewed in the Electronic Correction Letter, as highlighted by the blog Compliance, is as follows:

  • Description of the goods
  • Tax Code of Operation, provided that there are changes to the nature of the taxes
  • Business Name of the Recipient
  • Information on volume, weight, and packaging, provided that they do not change the invoiced quantity of the item
  • Omission or misrepresentation related to the Legal Basis of possible tax benefits
  • Tax Status Code, provided that there are changes to the tax values
  • Carrier details, such as address
  • Entering or changing additional NF-e information such as vendor name, carrier for reshipping, customer order etc.
  • Date of Issue or Departure, provided that there are no changes to the ICMS calculation period.

Now that you know what is the information that can be changed by CC-e, check the following item for the data in which the rectifications are denied.

When should it not be used?

The information in the NF-e that cannot be corrected using the CC-e, as addressed by the blog Conta Azul, are as follows: 

  • Changes in registration data that result in changes of the recipient or sender
  • Itemization of Taxes or other information that may change the Operation or Tax Calculation
  • Tax amounts corresponding to the value of taxes, such as tax rate, calculation basis, quantity, price difference, operation value etc.
  • Description of the goods capable of changing the tax rates.

With the concept, application, and possibilities of using the Electronic Correction Letter in mind, find out below all the points that must be considered for the CC-e to be issued correctly!

What must be considered for it to be done correctly?

First of all, it is necessary to know that the focus of the Electronic Correction Letter is only the correction of minor errors that do not compromise the primary operations of the NF-e, such as prices, taxes and quantities.

Therefore, its use should be avoided by focusing on the correct completion of the invoice. The CC-e is a last resort only.

If the perceived mistake refers to the tax legislation, usually the best solution is to issue a supplementary tax invoice. When the NF-e is still with the issuer, it is also possible to cancel the document and prepare a new one.

The issuance of the Electronic Correction Letter can be made within 30 days, or 720 hours, from the authorization of the use of the NF-e to be corrected.

The transmission of the CC-e can only be made for an authorized electronic tax invoice , as it is impossible to correct a canceled NF-e.

A tax invoice can have up to 20 correction letters, but the data is cumulative. This means that each CC-e issued must contain the corrections already pointed out in the previous documents.

The digital file of the correction letter must be made available, not only to the recipient, but also to all those interested in the operation, in the same way as the issuance of the tax invoice.

Did you already know about the concept and applications of the Electronic Correction Letter? If you have any questions about the matter, please contact us!

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What to expect from post-pandemic international logistics?

What to expect from post-pandemic international logistics?

2020 was a year of many changes around the world, and international logistics was no different. This is because the effects of the coronavirus pandemic reflected in the adoption of new strategies in many sectors.

Now, as science and health advance in the search for solutions to combat Covid-19, experts share their views on what we can expect for the post-pandemic scenario.

In international logistics, for example, much is said about the new market perspectives. They are influenced by behavioral and economic changes recorded around the world. In addition, it is observed how each modal has been impacted and how they will function after the containment of the disease.

Thinking about this, we list here the main observations and shared trends on the post-pandemic scenario. In this way, we hope to help you anticipate and maintain foreign trade operations with high efficiency and assertiveness.

So, keep reading and get the information that will help your business keep international logistics strategies ahead of the scenarios!

What has changed in international logistics due to the pandemic?

In December 2019, the first case of Covid-19 was recorded in Wuhan, China. This information was remembered by “Isto É Dinheiro” in a publication about the year after the first case and the evolution of the disease. Since then, the world has faced a “race against time” to contain contagion, and many countries are already facing the second wave.

In this sense, there have been lockdowns, restrictions on social activities and social isolation, among other strategies. They directly impact businesses in various sectors, including international logistics activities.

What were the main changes?

As discussed in a webinar in the Arab Chamber, shared by the Brazil-Arab News Agency, early on in the arrival of the coronavirus in Brazil, transport and ports adapted in an agile manner.

Participants observed, for example, that the crisis contributed to the acceleration of the use of digital tools in logistics. Even Radar Siscomex (Foreign Trade Systems) adopted digitization in favor of simplifying foreign trade operations, as we published here on the blog.

In addition, other strategies were adopted to supply countries. Ports and rail, road and air transport adapted their systems, for example.

In the webinar, the transport development coordinator of CNT (National Transport Confederation), Fernanda Rezende, recalled the container crisis, for example. They were detained in several ports due to the strict control of the disease. There was also a ban on the exchange of ships’ crews in maritime mode.

It is also worth remembering that the pandemic also affected air transport, since border closure and other traffic restrictions directly impacted the functioning of airports, including passenger transport.

As a result, many airlines used passenger aircraft to move essential international cargo.

Border closure and other traffic restrictions directly impacted airport functioning and international logistics.

Check out 3 trends in post-pandemic international logistics

Much has changed in international logistics operations due to the pandemic, and many more must change in the course of fighting the disease. However, you need to prepare now for when it is overcome. Be prepared to deal with this new scenario after the crisis.

Therefore, we list here the main information shared by industry experts, which aim to guide their activities and maintain competitiveness when all this passes.

After all, as noted in an article by Abracomex (Brazilian Association of Foreign Trade Consulting and Assistance), strategic planning offers possibilities for new partnerships and markets.

Therefore, managers’ choices for international logistics will be fundamental in stabilizing the economy in the post-pandemic scenario.

Increase in foreign trade activities

Still as shared by Abracomex, companies are expected to export more with resumption and stabilization in the post-pandemic.

The association considers that the devaluation of the real will compensate buyers, as the products will be at reduced costs. In this sense, it is important not only to maintain customer loyalty during the pandemic scenario, even with the fall in negotiations.

This is because, ahead, for the recovery of the economy, there may be acceleration of activities and intensification in various sectors.

Diversification of the production site and inputs

Many businesses have learned from the pandemic that they must diversify the places where they seek their inputs, giving greater value to solutions from nearby regions, for example, because this adds more speed and security.

This trend in the distribution and supply of raw materials will directly impact international logistics strategies, as noted in the content of the publication LogWeb, on the five trends in logistics catalyzed by the pandemic.

It is also noteworthy that the diversification of production sites should also occur to reduce dependence on a single country or supplier.

As a result, supply chains will be divided into smaller structures. However, they are more agile to better adapt to complex scenarios such as the pandemic. Thus, they will anticipate unpredictability like this.

More technologies in operations

Above, we said that the use of technologies in international logistics operations has been accelerated. And this trend should continue in the post-pandemic. In an article in “Supply Chain Magazine” on post-pandemic logistics, it is observed that digital tools will contribute to increase the efficiency of operations.

Therefore, automations through logistics technologies will reflect on delivery operations, warehouse management, among other activities. With this, it will be possible to have greater control in tracking assets, assets and capacity in real time.

Thus, investing today in technological solutions and partners that value the use of innovations in processes is a way to anticipate the trend and maintain high competitiveness.

That’s why DC Logistics Brasil works with technological solutions that reflect the efficient and differentiated international logistics that you can trust for your company.

Want to learn more about how our team is ready to adapt to your needs in various scenarios? Contact us and ask for your quote with no obligation!

Contact us and ask for your quote with no obligation!