Trade between Turkey and Brazil is growing every year. The number of companies exporting to Brazil is also growing in line with the growth figures of exports. When we look at the list of the most exported products to Brazil, we see sodium carbonate in the first place. This substance, which is especially used in soap making, is a product that is frequently preferred by chemicals. Thanks to this product, which is also used in the production of many cleaning materials other than soap, the trade between Turkey and Brazil is increasing day by day. The number of companies exporting Sodium Carbonate from Turkey to Brazil is also quite high. There is a very surprising product among the products exported from Turkey. This product is hazelnut, which is one of the products of the Black Sea region.
Companies Exporting from Turkey to Brazil! How is it done?
Companies exporting to Brazil generally prefer the sea route. Thousands of tons of cargo can be transported at once by sea, which is the cheapest transportation method. While the export of unshelled hazelnuts is constantly increasing, different methods are emerging in transportation and payment methods at the same time. Dried fruits, spare parts for heavy and commercial vehicles, medical supplies are among the product categories we export to Brazil the most. When we look at the products we import from Brazil, we see cotton and iron in the top 3 ranks. Although farming has increased in Turkey, cotton production is still not at a desired level.
Companies Exporting from Turkey to Brazil
As we mentioned in the paragraph above, cotton, iron and steel, cattle, wood pulp, coffee and tobacco are in the first place. There are many companies producing in Turkey, but most of the raw materials are supplied from Latin America. Ships belonging to companies exporting to Brazil are never idle about taking and bringing cargo. Of course, the biggest obstacle for exporting companies is customs taxes. In Turkey, 135% tax is imposed on sugar imported from Brazil. There are serious tax liabilities in some categories of products imported from Turkey to Brazil. It is not easy for Turkish companies to export to Brazil due to obligations such as licenses, permits and certificates to be obtained from Brazilian authorities.
On the other hand, China occupies a very serious place among Brazil’s importing countries. In 2020 alone, imports from China occupy 20% of Brazil’s total imports. Although Turkey has made progress in imports, the table above explains many things. Companies exporting to Brazil need to work overtime in order to reduce the serious difference between our imports and exports. You can get help from GloballyPort.com to enter the Brazilian market and sell products. We conclude this article by mentioning that there are issues that we need to improve, such as textile, food, cold chain and shoe exports from Turkey to Brazil.
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