Get Doing Business In Brazil 2010 Country Commercial Guide For U - Franchise

65% of Fortune 500 companies are located in Brazil, including IBM, Uber, Amazon, Google, Oracle, Microsoft, Meta, Dell. Brazil has over 500,000 professionals participating in offshore software development.

Destinations In September 2023, Brazil exported mostly to China ($9.27B), United States ($3.01B), Argentina ($1.16B), Netherlands ($942M), and Spain ($735M), and imported mostly from China ($4.83B), United States ($2.7B), Russia ($1.02B), Germany ($1.02B), and Argentina ($984M).

Brazil is an attractive location for companies looking to invest in South America as it contains roughly half of the region's wealth. However, the complex business environment and high costs can make doing business in Brazil a challenge.

In 2022, Brazil's number one most exported product was soy bean. This agricultural product contributed roughly 46.6 billion U.S. dollars to the Brazilian total export value. At around 32.6 billion dollars, crude petroleum oils and oils from bituminous minerals were the second-most exported product group in Brazil.

14 Brazil has advanced industries in the fields of petroleum processing, automotive, cement, iron and steel production, chemical production, and aerospace. In addition to those, the food and beverage industry is a very crucial part of the manufacturing sub-sector.

In 2022, Brazil's number one most exported product was soy bean. This agricultural product contributed roughly 46.6 billion U.S. dollars to the Brazilian total export value. At around 32.6 billion dollars, crude petroleum oils and oils from bituminous minerals were the second-most exported product group in Brazil.

Brazil is a member of the UN, WB, IMF, WTO, Conference on Trade and Development, OEA, CPLP, Organization of Ibero-American States, G8 +5, BRICS...

Main Partner Countries Main Customers (% of Exports)2022China26.8%United States11.4%Argentina4.6%Netherlands3.6%16 more rows • Oct 28, 2023