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Brazil
| Economy Overview |
| Brazil is the largest economy in Latin America and the world's ninth largest economy. Already a global power in agriculture and natural resources, the country has also become an oil superpower, with massive recent oil discoveries. So far Brazil has been relatively sheltered from the economic crisis, due to a global boom in commodities prices. The country’s main exports are agricultural products and allied sectors like forestry, logging and fishing. Read more about Brazil’s agriculture economy at the Brazil Briefing Room from the US Department of Agriculture. And keep an eye on news from Brazil at Brazzil.com to see how the economy weathers the recession.
Besides the agricultural sector, mining, manufacturing and services are Brazil’s other economic drivers. Major exported products include oil, steelmaking materials, semi-finished iron and steel products, industrial organic chemicals, aircrafts, engine parts, footwear & textile, electrical equipments. Find more statistics on the website of the Brazil Statistics Office (in Portuguese).
Foreign investors mostly look at cities where there are high concentrations of industry and technology industries, such as São Paulo, Rio de Janeiro, Campinas, Porto Alegre. Brazil’s main imports include fuel, energy and capital goods. It also imports computer accessories, civilian aircraft parts & engines, organic chemicals, oil field drilling equipment, plastics, semi-conductors, chemical fertilizers, and pharmaceutical preparations. For comprehensive information about trade with and investment in the country, visit Brazil Trade Net , the trade promotion portal of Brazil’s Ministry of External Relations. |
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| Economy Statistics |
| Exports: |
$159.2 billion f.o.b. (2007 est.) [?]
This entry provides the total US dollar amount of merchandise exports on an f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Export
Commodities: |
transport equipment, iron ore, soybeans, footwear, coffee, autos [?]
This entry provides a rank ordering of exported products starting with the most important; it sometimes includes the percent of total dollar value.
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Export
Partners: |
US 17.8%, Argentina 8.5%, China 6.1%, Netherlands 4.2%, Germany 4.1% (2006) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Imports: |
$115.6 billion f.o.b. (2007 est.) [?]
This entry provides the total US dollar amount of merchandise imports on a c.i.f. (cost, insurance, and freight) or f.o.b. (free on board) basis. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms.
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Import
Commodities: |
machinery, electrical and transport equipment, chemical products, oil, automotive parts, electronics [?]
This entry provides a rank ordering of imported products starting with the most important; it sometimes includes the percent of total dollar value.
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Import
Partners: |
US 16.2%, Argentina 8.8%, China 8.7%, Germany 7.1%, Nigeria 4.3%, Japan 4.2% (2006) [?]
This entry provides a rank ordering of trading partners starting with the most important; it sometimes includes the percent of total dollar value.
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| Brazilian-American Chamber of Commerce of Florida |
| Address: |
P.O. Box 310038
Miami, FL 33231-0038
United States |
| Phone: |
(954) 965-1184 |
| Fax: |
(954) 965-1187 |
| Website: |
http://www.brazilchamber.org/ |
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