According to the gross domestic product estimate, the economy of Brazil is rated as the ninth largest in the world. It attracts foreign direct investment with teh help of its attractive scientific and technological developments that earns in average US$ 20 billion every year. For the last two decades, Brazil has been accepted as the most dynamic developing and productive country. A large part of the export economy of Brazil depends on the manufactured and semi manufactured goods. The export organizations of brazil that has carved a good will for themselves includes the names of Mercosur, SACN, G8+5, G-20 and the Cairns Group. Scroll down to get an overview of the financial role of export in Brazil.
Agriculture production
Combine harvester in the plantation
Main products Coffee, soybeans, wheat, rice, corn, sugarcane, cocoa, citrus, beef
Agriculture growth rate 5.2% (2004)
Labor force 19% of total labor force
GDP of sector 10.1% of total GDP
Industrial production
Airplane of Embraer
Main industries Automobile industry, petrochemicals, cement and construction, aircraft, textiles, food and beverages, mining, consumer durables, tourism
Industrial growth rate 6.1% (2004)
Labor force 15% of total labor force
GDP of sector 38.6% of total GDP
Statistical Table
National Congress, in Brasília
Inflation (IPCA)
(2001) 7.67% , (2002) 12.53%, (2003) 9.30%, (2004) 7.60%, (2005) 5.69%, (2006) 3.14%
Gross Fixed Capital Formation (% of GDP)
(2001) 19.47%, (2002) 18.32%, (2003) 17.78%, (2004) 19.58%, (2005) 19.93%,
Average Exchange Rate (BRL for 1 USD)
(2001) 2.349, (2002) 2.920, (2003) 3.077, (2004) 2.925, (2005) 2.434, (2006) 2.176
Brazil is known to be the top exporter of sugar, coffee, beef and orange juice. Now a day, soybeans are also mounting up the chart of items exported from Brazil. The top ten countries that are export partners of Brazil include the following names:
United States (18.9% of total exports)
Argentina (8.4%)
China (5.7%)
Netherlands (4.5%)
Germany (4.2%)
Mexico (3.5%)
Chile (3.1%)
Japan (3.0%)
Italy (2.7%)
Russia (2.5%)
Brazil, the most populated country of Latin America has somewhat succeeded in reducing the poverty level and attain development. With help of development in economical infrastructure, the country has gained good response and inflation.
Stay connected to our website exportbenefits.com to know in detail and comprehensive manner more about the various roles of export in Brazil and its related issues.
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