This compound is primarily utilized in organic synthesis as an intermediate for the development of more complex chemical structures. Its functional groups, including the bromo and fluoro substituents, make it a valuable building block in pharmaceutical research, particularly in the synthesis of active pharmaceutical ingredients (APIs) that require halogenated aromatic frameworks. Additionally, it serves as a precursor in the preparation of agrochemicals, where halogenated benzoates are often key components in the formulation of herbicides and pesticides. The ester group in the molecule also allows for further chemical modifications, enabling its use in the creation of specialized polymers and fine chemicals. Its role in cross-coupling reactions, such as Suzuki or Buchwald-Hartwig couplings, is notable in the production of advanced materials and bioactive compounds.