Canonical: https://unicorncurrencies.com/industries/commodity-importers/brazil/

# Intelligence: Commodity Importers in Brazil

## Industry Context

- **Payment pressure:** Commodity price and FX double exposure; Large volume transactions (£500k-£5M+)

- **Operational control:** Lock FX at contract signing (hedge price + currency); Large transaction support (£5M+)

## Country Context

- **Use case:** Pay Brazilian suppliers for coffee, agricultural commodities, manufacturing, leather goods

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **Pix Key or Bank Code** (Pix (CPF/email/phone) or bank code + branch + account)

- **Regulatory:** Central Bank of Brazil (Banco Central) regulations; Brazilian tax ID (CNPJ) required for business payments

## Key Industries in Country

- Agriculture

- Coffee Export

- Manufacturing

- Leather Goods

- Mining