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THINKING OF DOING BUSINESS WITH BRAZIL? GET STARTED ARTICLE BY ROSALIENE BACCHUS EXPLORE THE BRAZILIAN MARKET ATTEND A TRADE FAIR BRAZIL VERY USEFUL SITES BLOG ARTICLES __________________________ CURRENT RELEASE ECONOMIC INDICATORS BANCO CENTRAL DO BRASIL __________________________ US-BRAZIL COMMERCIAL DIALOGUE ON FRANCHISING JANE SIEGEL US INTERNATIONAL TRADE ADMINISTRATION __________________________ FACT SHEET: THE US-BRAZIL ECONOMIC RELATIONSHIP THE WHITE HOUSE RELEASED 15 MARCH 2011 |
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| DOING BUSINESS WITH BRAZIL YOUR USBRAZIL TRADE ASSIST |
Brazil is the ‘B’ in the BRICS emerging economies of the developing world, together
with Russia, India, China, and South Africa. Within the last decade, Brazil has grown
as a developing industrial country and regional power, extending its global influence
in areas such as trade, biofuels, biodiversity, and climate change. Measured by nominal
gross domestic product (GDP), South America's largest economy ranked as the world’s
eighth largest economy in 2016 (CIA World Factbook, January 12, 2017).
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Based on data (19 April 2017) obtained from the Central Bank of Brazil, imports and
exports in 2016 totaled US$137.5 billion and US$ 185.2 billion, respectively.
Comparison with trade figures for 2015 reveals contractions in both imports and
exports of 19.8 percent and 3.1 percent, respectively.
The chart below shows Brazil exports and imports for the period 2007 to 2016.
exports in 2016 totaled US$137.5 billion and US$ 185.2 billion, respectively.
Comparison with trade figures for 2015 reveals contractions in both imports and
exports of 19.8 percent and 3.1 percent, respectively.
The chart below shows Brazil exports and imports for the period 2007 to 2016.
| Source: Central Bank of Brazil, Economic Indicators, April 2017 |
See next page for Brazil's Trading Partners 2016.
During 2016, primary products represented 43 percent of total exports, followed by
manufactured products with 42 percent, and semi-manufactured products with 15
percent.
Imports by broad economic category for the year 2016 are shown in the chart below.
manufactured products with 42 percent, and semi-manufactured products with 15
percent.
Imports by broad economic category for the year 2016 are shown in the chart below.
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