Brazil

Brazil Statistics

Brazil covers nearly half of South America and is the continent’s largest nation. Brazil is the ninth biggest economy in the world and the fifth largest country, with a population of 207,1 millions of people, with a large territory and a favorable weather, Brazil have great opportunities of investment and economic development.
It forms an enormous triangle on the eastern side of the continent with a 7,400km coastline along the Atlantic Ocean. It has borders with every South American country except Chile and Ecuador. Brazilians are football crazy, and their country has produced some of the most popular players in the world! Brazil has won the FIFA World Cup finals five times, more than any other nation. Brazil is also home to the world’s largest carnival – Rio Carnival! Each year, in the days leading up to Lent, around 2 million people take to the streets of Rio de Janeiro to enjoy music, dancing, elaborate costumes and parades.
$ 1
GDP in USD trillion
1
Population (2019)
1 million
Area ( km. sq. )
Import Of Brazil

In May 2020 Brazil imported $13.4B, resulting in a positive trade balance of $4.55B.
Main Import Countries

Export Of Brazil

In May 2020 Brazil exported $17.9B resulting in a positive trade balance of $4.55B.
Main Export Countries

Major Sectors

Agrobusiness Automotive Renewable Energy & Environmental Solutions Healthcare & Life Sciences Oil & Gas

Brazil is the second biggest food producer in the world .Approximately, 60% of the country’s territory is used to farm, 77% of the production is exported and the government incentives to agricultural production reached, in 2017, USD$175,5 billions.
Agriculture is a fundamental aspect of Brazil's economy. Extensive sugarcane plantations characterized colonial Brazil where the European settlers either employed local or African labor in the form of slaves. Coffee plantations were also established, and after independence, the crop's production was concentrated in the Southeast region. The cultivation of rubber, cocoa, and tobacco gained popularity in the 19th century. The country's agriculture underwent a radical transformation from 1994 where mechanization, state subsidies, and professionalization raised Brazil's productivity. Cattle, tobacco, fruit, cotton, soy, cassava, coffee, sugarcane, corn, beans, wheat, and rice rank as the country's major products. The crop produced varies from region to region. The south is for example known for rice, beans, corn, tobacco, and poultry while the Southeast ranks top in fruit production. The Northeastern region produces cassava, rice, and bananas. The country has numerous family farms, most of which are situated in the southern, north-eastern, and southeast part of the country.

Although the economic crisis reached the automotive sector, there is a stipulation for its growth in 2017 and 2018. This sector is the second most important to Brazilian economy, forming 22% of the country’s GDP, and in an international scale, Brazil is the seventh largest market for automobiles. Also, in 2017, Brazilian government presented a new project, Route 2030, which assure security for the investors and strengthen the Brazilian competitiveness in a global escale.
The history of the Brazilian automotive industry began in 1925 with the establishment of a Chevrolet assembly line. The country subsequently attracted other manufacturers from Toyota, Volkswagen, Ford, Fiat, and Mercedes Benz. The 1990s brought with it more auto companies to Brazil including Audi, Nissan, Honda, Peugeot, Hyundai, Renault, and Chrysler. Troller ranks as the most successful home-grown company, and it enjoys a market in Latin America and Africa. The company's models are the T4 and Pantanal. The country's automobile production outdid itself in 2007 when it grew 14% compared to the previous year. The industry recorded more than $100 billion in revenues in 2010, and it generated approximately 1.5 million jobs. The sector has been attracting more foreign companies including the Chinese JAC Motors.

By having a large territory and being the seventh country with the most concentration of natural resources, Brazil has the great chance to develop its renewable energy. Basically, the sources of energy in Brazil are formed by: hydropower, alternative energy (biofuel, wind and solar), thermo energy (natural gas, industrial gas, oil and coal) and nuclear energy. The government, since 2003, has been creating programs to benefit the investors (by selling energy plans to private companies).

Having the fifth biggest population in the world, Brazil saw the health market as a must. Almost 10% of the country's GDP were invested in the healthcare in 2015, which is an increase of 50% from 2006. The country expect to have fifth largest market until 2021, surpassing the UK and France, opening the sector to the foreign investment.

With a positive outlook from OPEC, Brazil can become the third-largest oil and gas producer, only behind the US and Russia. With programs like “Gas para Crescer” and “REATE”, the brazilian government expect to bring foreign investment and create a diversity of competition in the sector.
Brazil is recognized as a significant player in the oil and gas industries in the region. It also ranks as the second largest ethanol fuel producer in the world. The country's energy sector benefited immensely from the market liberalization implemented in the late 1990s and early 2000s. Over 50 oil companies manage oil exploration activities in Brazil. The country had the second-largest identified oil reserves in all of South America in 2006 at 11.2 billion barrels behind Venezuela. Most of the reserves lie in the southeastern coast at the Campos and Santos offshore basins. A crude oil transport system is operated by Transpetro which includes 3,700 miles of cruse pipelines, inland storage facilities, and coastal import terminals. The major Brazilian natural gas reserves are also located in Campos and Santos basins while the rest include Amazonas, Foz do Amazonas, and Sergipe/Alagoas. Petrobras control more than 90% of the country's natural gas reserves. Other Brazilian natural resources include coal, oil shale, and uranium.

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