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Thursday
Sep262013

Brazil as the Food Bowl of the World

Food security is one of the most significant issues plaguing the modern age, with the apparent climatic changes proving to be a potentially catastrophic force when it comes to simply feeding those in the developed and developing worlds alike. As a concept that is difficult to grasp and impossible to guarantee, there is understandably a major undercurrent of anxiety around this issue internationally. Brazil stands in an important position when it comes to feeding the world’s population, in both physical and economical terms; which reinforces the importance of this particular nation moving forward.

Physically, Brazil is geographically located in an optimal position in relation to nations with large populations and rapidly growing buying power. Agriculturally, it has also proven to be a real contender to satisfy the world’s need for sustenance. In the last year, we have seen the gross value of farm production in Brazil to be just shy of $122bn AUD and farm production make up 5.8% of the national GDP. The Latin American nation stands as the 3rd largest agricultural exporter, with the latest figures showing that it made up 9% of global agricultural exports from 2006-2010. These figures depict Brazil in a light that exemplifies how able it is to feed the global population, but doesn’t show the whole picture.

Equally important to the physical viability of Brazil as the food bowl of the world, is the willingness that the government and population show to filling this role. The Brazilian government has recently announced that it is increasing access to subsidised loans that enable growth in the farming sector by 18%; equal to an increase of AUD$69.97 billion. This kind of financial support in this particular sector should not be overlooked, and should be viewed as a commitment to filling a highly insecure void that exists on a global and regional scale. Additionally, the government has promised to spend a further AUD$12.86 billion over the next five years to finance private food warehousing. This conspicuous show of financial support for the industry clearly demonstrates the willingness that is essential to one of the major food bowls of the world.

With its already iconic hold on the sector over products such as orange juice, coffee and sugar, Brazil stands in good stead to present itself as the food bowl for the world, with a commitment to assisting to feed the world as modern technologies and new ways of thinking become more and more important moving forward.

We invite you to join us for the inaugural Brazil Access 2016 International Business Visit Program to be held in Sao Paulo and Rio de Janeiro in November 2014.

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