Strategic positioning of Brazil
National flag
Basic Information Located in southeastern part of South America, Brazil is the country with the largest area and the largest population in Latin America; it has a land area of more than 8.5 million square kilometres and a population of more than 200 million. The capital is Brasilia, which is the political centre of Brazil. Sao Paulo is the largest city and the national centre for industry, commerce, finance and transportation
Investment Environment Brazil has a sound legal system. It has also huge market capacity, large amount of resources and great influence in the global market, and enormous potential in economic development. In recent years, the government launched a series of reform measures to boost the economy to reduce the operating costs of enterprises and further open the market. According to estimates by the United Nations Conference on Trade and Development, Brazil’s foreign direct investment increased by 26% year-on-year to US$ 75 billion in 2019, making it the fourth-largest economy in the world

Doing Business 2020 – the World Bank’s report on business environment – points out that Brazil’s score has improved in terms of starting business and property registration.

The service industry is the most productive sector in Brazil, accounting for more than 73.2% of GDP. Brazil’s tourism industry is also competitive in the world. In addition, Brazil is a major exporter of agricultural products, mainly exporting soybeans, corn, sugar, coffee and tobacco. Its industrial strength also ranks first in Latin America. Other sectors of the country including nuclear power, communications, electronics, aircraft manufacturing are playing advanced role in the world.

Trade Overview Brazil’s main export destinations include China, the United States, the Netherlands, and Argentina. The main exports are soybeans, oil, and iron ore. Its main import origins include China, the United States, Argentina, Germany, and the main imported goods include oil, ships, and auto parts.

Since 2009, China has been the largest trading partner of Brazil for ten consecutive years. At the same time, Brazil is China’s largest trading partner in Latin America and the BRICS countries. The main categories of China’s exports to Brazil include ship machinery and electronic equipment, and imports from Brazil mainly include soybeans, oil, and iron ore.