Egypt becomes the 2nd largest destination for exports from MT driven by corn, cotton, and beef
Egypt has emerged as the second largest destination for exports of commodities from Mato Grosso in 2025, driven by increases in the import of corn, cotton, and beef.
As of 2025, Egypt has established itself as the second largest destination for agricultural exports from the Brazilian state of Mato Grosso, following China. This significant increase in trade volume is attributed to a surge in demand for key commodities such as corn, cotton, and beef. The data from Comex Stat indicates that Egypt's position improved dramatically from 22nd to 2nd place within just two years, capturing 4.5% of Mato Grosso's total exports in the previous year, valued at approximately $1.347 billion.
In the breakdown of exports to Egypt by product, the country ranks 6th in beef, 2nd in corn, 27th in soybeans, and 16th in cotton. The rise in agricultural exports to Egypt not only signifies strengthening trade relations but also highlights the diversification of Brazil's export markets, which is essential for mitigating risks associated with dependency on a single country.
With 40.7% of Mato Grosso's total exports still going to China, the insights into Egypt's growing significance as a trading partner reflect broader trends in global trade dynamics, emphasizing the importance of Egypt as an emerging market. The increasing exports underscore the potential for future growth in agricultural sector exports, reinforcing Brazil's position as a leading exporter of agricultural products on the world stage.