Going Global With Us SERIES – Doing Business in Brazil

Overview

  • Population: 210 million (2016)
  • Area: 8,515,770 km2
  • Official language: Portuguese
  • GDP: US$ 2.346 trillion (2014)
  • Major imports: fuels and oils, machinery, electrical equipment, vehicles and vehicle parts, chemicals, plastics, iron and steel
  • Major exports: iron ore, oil, soy beans, sugar cane, coffee, chicken, auto and autoparts, airplanes
  • Largest import partners: USA, China, Argentina, Germany, Japan
    • Singapore is the 4th largest Brazilian trade partner in Asia
    Currency: Brazilian Real (BRL)

    Understanding Brazil

    Federal Republic of Brazil, occupies about half of the land area of South America. Brazil is divided into 26 states and a Federal District, grouped into five regions for administrative and political purposes: the North, the Northeast, the Central West, the Southeast and the South. The population estimated at 206 million (2014), the world’s fifth-largest country and the largest economy in Latin America.