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- Brazil possesses 20% of all Worlds’ biodiversity and manufactures 60% of the South America economy’s industrial production. Brazil is member of various economic groups, such as MERCOSUR and G20. The country technological and scientific development combined with a dynamic and diversity industrial sector is attractive to foreign enterprises.
Direct investment in Brazil in 2008 reached US $ 45 billion, twice the average compared US$ 20 billion year between 2003 and 2007, and astonished superior as the US$ 2 billion a year last decade.
Brazil trades regularly with over 1,000 nations, with 74% of exports represented by manufactured or semi manufactured goods. (Brazil-EC=26%, Brazil-USA=24%, Brazil-MERCOSUR=21%, and Brazil-Asia=12%).
Agribusiness is the most dynamic sector in trade and the industries on technology for submarines and aircrafts are prominent. Brazil’s investment on in deep oil research has been increasing, since 74% of its reserves are extracted from the sea.
Sustainable Growth
Brazil is rated the 10th position on the global economy rank and is a great player in trade and foreign affairs with consistent policies supporting its productive sector. Some of the country policies and strategies are to build a competitive, fair, and wealthy country, increase its exports, diversify its production, and global presence with businesses and trade. The goal is to reduce its vulnerability and grow internal wealth by increasing the national businesses enterprises abroad.
Most of the World’s economies have adopted laws to increase usage of biofuels, which directly results in an increase of global demand of ethanol and an increase of the ethanol international trade flow between producers and consumers.
Brazil is strategically well positioned to take advantage of this demand. The trend on biofuels helps Brazil’s competitiveness for trade in commodities, bioenergy, and its technology. Since Brazil is one of pioneers on the research and usage of biofuel, its technology and development rate is far superior compared to other economies. Therefore, biodiesel boost production and increase agribusiness and agro-energy.
The Brazilian Trade offices abroad are strategic tools on this scenario and can help increase Brazil’s participation on foreign markets, facilitating and fostering Brazilian business to export, promoting Brazilian image and quality of its products, promoting networking and trade events abroad to increase investments by foreign enterprises in Brazil.
Brazil has a growing participation in global trade reporting trade surplus since 2003 not only in raw and primary products, but also in manufactured goods.
Brazil’s economy and market development prove to be sustainable for the future endeavors in diversifying its basis for exports and internal revenue. Brazil’s public policy in trade has been successful in global marketing new enterprises and capturing foreign investment in technology and scientific industrial sector as biomass and bio-energy.
At this point, Brazilian Foreign Relations and Foreign Trade have crucial role in Brazil growth and wealth dealing with strategies to increase trade, helping the growth of Brazilian national enterprises and businesses abroad.
You can oversee trade opportunities by market research, market trend, and economy reality using data, but one of the best targeted markets is without any doubt, Brazil.
The facts as reasoning, let me point out a few:
-The World’s 10th largest petroleum reserves
-The World’s leading exporter of iron, coffee, soybeans, orange juice, beef, chicken, sugar, and ethanol
-A global reference in the production of biofuels
-The World’s 7th largest manufacturer of aircraft and top producer of model seating up 120 passengers
-The World’s largest river basin, with hydroelectric power supplying 73% of energy needs.
-One of a few Nations to recovery from the global economic turmoil, and the only country reaching higher rate for investment from MOODY’S in Sep, 2009.
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