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Brazil’s oil exports and exploration cast a shadow on its green ambitions

Summary by dialogue.earth
Last year, oil overtook soy as Brazil’s main export for the first time since 2012. According to trade data published by the government, foreign oil sales totalled almost USD 45 billion in 2024, passing soy’s USD 43 billion. The value of Brazil’s crude oil exports has more than doubled in the past five years, and has close to quadrupled in the past decade. China is driving this demand. According to Brazilian government data, China received 44% of…
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dialogue.earth broke the news in on Friday, April 4, 2025.
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