Sugar: The Brazilian Industry In Brazil, the sugar production industry is a massively important boon for the country’s exports. This product makes up nearly 2% of the GDP of the entire country, or nearly $44 billion USD annually, and makes up over 35% of the worldwide export of sugar (Sugarcane). This industry employs over 1 million workers in the country as well, which makes up about 1% of the entire country’s workforce, a relatively significant proportion of the population working to produce a single product (World Bank). Its importance to one of Brazil’s major buyers, the USA, is in its use in food production, with a large amount of food produced in the country using refined sugar. Brazil exports around 250,000 tons annually to the USA,
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This affects the American economy directly, as the company introduces the product into the country. The sugar is then inspected and potentially packaged here, before being shipped to supermarket corporations, an example for this case being a Wal-Mart in Texas. In this step the American workers/drivers then ship the sugar to the corporation and then they distribute the sugar to stores where they are sold to the consumer, for instance consumers here in Austin buying from the aforementioned Wal-Mart. This is important because the sugar tariff and quotas on American imports of sugar mean that Brazil can only ship so much to the USA, so growth in the US market, the second biggest, is limited to what the quotas decide. It is also notable that this import allows cheaper sugar and therefore cheaper food for Americans.
In conclusion, the sugar industry touches a large number of people during its trip across international borders. It has various impacts on the economies of the buyers and sellers in each country, and is important in several ways to the people that make a livelihood on the production, utilization, and transportation of this very important, globally sold
This affects the American economy directly, as the company introduces the product into the country. The sugar is then inspected and potentially packaged here, before being shipped to supermarket corporations, an example for this case being a Wal-Mart in Texas. In this step the American workers/drivers then ship the sugar to the corporation and then they distribute the sugar to stores where they are sold to the consumer, for instance consumers here in Austin buying from the aforementioned Wal-Mart. This is important because the sugar tariff and quotas on American imports of sugar mean that Brazil can only ship so much to the USA, so growth in the US market, the second biggest, is limited to what the quotas decide. It is also notable that this import allows cheaper sugar and therefore cheaper food for Americans.
In conclusion, the sugar industry touches a large number of people during its trip across international borders. It has various impacts on the economies of the buyers and sellers in each country, and is important in several ways to the people that make a livelihood on the production, utilization, and transportation of this very important, globally sold