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Exporting to Brazil
Brazil is the fifth largest country in the world, with a population of approximately 190 million. Brazil is the world’s sixth largest economy and by far the largest in South America.
It has one of the world’s most rapidly developing economies and a Gross Domestic Product (GDP) per head that is greater than India and China.
400 of the world’s 500 largest companies operate in Brazil. These include many UK companies, such as Rolls Royce, BG Group, Shell, BP, JCB, Rexam and Experian.
Brazil is one of four countries which make up the BRIC (Brazil, Russia, India and China) economies. Goldman Sachs reported that it has the potential to be one of the world’s most dominant economies by 2050.
Strengths of the Brazilian market include:
- strong industrial, business and consumer base
- a sustained period of economic growth
- European-oriented culture and business practices
- political stability and a solid democracy
- most of the world’s largest investment banks are headquartered in São Paulo
Exporting to Brazil gov.uk