this raises the cost of imports including inputs used for agriculture as a result brazil has a low participation in global value chains while the import content for all brazilian exports is estimated to reach only and for exports of primary agricultural commodities and food products in addition to protection at the border brazil uses local content provisions in publiclyfinanced projects this condition is also imposed by the national bank for economic and social development bndes on loans for capital goods including by the agrofood and agroprocessing sectors imported capital goods are not financed under the national rural credit system except if there is no similar product made domestically while those products are subject to a minimum of local content provision