The country produces a quarter of the world’s soybean exports on just 6% of its arable land. Brazil has about 865 million acres of unused arable land, or twice the 382 million acres the U.S. has in crop production, according to the USDA.
“Brazilian farmers are practicing one of the most advanced and sustainable agricultural systems in the world,” the U.N.’s Food and Agricultural Organization previously stated.
The iShares MSCI Brazil (NYSEArca: EWZ) is up 11.1% over the past three months.
Other Brazil ETFs include:
- Market Vectors Brazil Small-Cap ETF (NYSEArca: BRF)
- iShares MSCI Brazil Small Cap Index Fund (NYSEArca: EWZS)
- Global X Brazil Mid Cap ETF (NYSEArca: BRAZ)
- First Trust Brazil AlphaDEX Fund (NYSEArca: FBZ)
For more information on Brazil, visit our Brazil category.
Max Chen contributed to this article.