In 2023, Brazil's agricultural products exports to Russia stood at 675 million US dollars. For the year 2024, the forecast is 701.07 million US dollars. The projected values for the following years are 729.82 million US dollars in 2025, 758.01 million US dollars in 2026, 785.62 million US dollars in 2027, and 812.69 million US dollars in 2028. These forecasts represent the following year-on-year percentage variations: a 3.87% increase from 2023 to 2024, a 4.10% increase from 2024 to 2025, a 3.85% increase from 2025 to 2026, and a 3.64% increase from 2026 to 2027. Over this five-year period, the Compound Annual Growth Rate (CAGR) stands at approximately 3.86%.
Future trends to watch for include geopolitical developments that could affect trade policies, exchange rates, and sanctions, which could impact agricultural trade flows. Additionally, climate change and technological advancements in agriculture could influence future export capacities and market demands.
