Brazilian aircraft manufacturer Embraer on Tuesday reported a record order backlog in the third quarter of $31.3 billion after dodging the worst of US tariffs.

The world's third-largest aircraft manufacturer hailed an "unprecedented high" in orders led by the commercial aviation sector with a backlog of 490 aircraft.

US President Donald Trump in August imposed a further 40 percent tariff on Brazilian goods, but exempted aircraft.

This was crucial for Embraer as the United States represents 45 percent of its commercial aircraft market and 70 percent of its executive aircraft market.

The company was still affected by the baseline 10 percent tariff applied to all imports in April and has called for a swift return to "zero tariff rules for all aviation and aerospace industry."

Brazil was

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