01/28 – Foreign Trade Day

Foreign Trade Day is an important date for professionals in the sector. In this article, we will explore the history of this day and its consequences on the Brazilian economy.

It all started in 1808, when D. João VI signed the decree opening Brazilian ports. This allowed foreigners to export colonial products such as sugar, cotton and tobacco, but prohibited the export of brazilwood. Imports were also made easier, especially for goods coming from Europe. These changes caused economic growth in the country, with the installation of European traders and the ease of obtaining European products.

Over the years, Brazil’s foreign trade has undergone several transformations, such as the extinction of the commercial treaty with Great Britain in 1844 and the increase in coffee exports in the 1850s. At the beginning of the 20th century, Brazil experienced a period of expansion of foreign trade, with the height of the rubber cycle and the implementation of agreements to maintain coffee prices. In the 1990s, the country implemented trade opening measures, which intensified trade flows and created Mercosur.

In summary, Foreign Trade Day celebrates the opening of Brazilian ports in 1808, which had a significant impact on the country’s economy and allowed foreign trade to grow over the years.