Brazil’s Agribusiness GDP Drops in 2023

In 2023, Brazil’s agribusiness sector experienced a 2.99% decrease in its Gross Domestic Product (GDP) compared to the previous year. The Brazilian Confederation of Agriculture and Livestock (CNA) and the Center for Advanced Studies in Applied Economics (Cepea) reported it. This downturn reduced agribusiness’s contribution to the national GDP from 25.2% in 2022 to 23.8%. […]

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