Brazil's Sovereign Plan Promises Boost to Export Markets Amid US Trade Tensions
The Brazil Soberano Plan is set to enhance export markets and credit support for businesses amid US trade challenges.
- • The Brazil Soberano Plan aims to open new export markets for Brazil.
- • Provisional Measure 1309/25 restructures export credit insurance and financing.
- • A new private export credit fund will have an initial investment of R$ 1.5 billion.
- • The goal is to support micro, small, and medium enterprises, generating significant export growth.
Key details
On October 1, 2025, a debate underscored the Brazil Soberano Plan's significant potential to open new export markets for Brazilian companies and enhance export credit support, crucial in light of ongoing trade tensions with the United States. The discussion was prompted by Provisional Measure 1309/25, designed to alleviate the impact of U.S. tariffs on Brazilian exports.
Rodrigo Zerbone, executive secretary of the Chamber of Foreign Trade (Camex), emphasized that the plan is structured to support the most affected sectors by implementing a reformed export credit support system. He stated, "The Provisional Measure brings a structural reform of the system, focusing on expanding coverage, increasing efficiency, and aligning Brazil more closely with international trade financing standards." A notable addition is a private export credit fund with an initial investment of R$ 1.5 billion, targeting 600 micro, small, and medium-sized enterprises to realize approximately US$ 46 billion in exports annually.
Ulisses Pimenta from the Brazilian Agency for Export Promotion and Investment (Apex) echoed these sentiments, sharing that their initiatives have already mapped out sectors impacted by U.S. tariffs and identified alternative markets. Since April, Apex has conducted over 44 negotiations involving more than 160 companies and international buyers from over 50 countries. The overarching aim is the diversification of markets, particularly through agreements with the European Union.
Deputy Cezinha de Madureira and Senator Fernando Farias led the committee's debate, highlighting the plan's critical role amid challenges posed by U.S. trade policies. The plan aims not just to mitigate the current impacts but to position Brazilian exporters for future opportunities in global markets.