Page 48 - Demo

Doing Business in Brazil
Brazil is one of the largest export economies in the world. Foreign trade represents about a quarter
of its GDP. The Country has been
a member of the World Trade Organization (WTO) since 1995
as well as the Latin American Integration Association (ALADI) since 1980.
Brazil is also a member of the Mercosur (the Southern Common Market), a regional integration process, initially established in 1991 by Argentina, Brazil, Paraguay and Uruguay, and subsequently joined by Venezuela and Bolivia (the latter still complying with the accession procedure).
1. Main Partner Countries and Products
Brazil is one of the leading developing countries and one of
the five major emerging national economies (which are associated in the acronym BRICS – Brazil, Russia, India, China and South Africa). Since 2010, China has played an important role as Brazil’s main commercial partner, followed by the United States.
According to OEA, apart from China and the United States, Brazil´s main partners are Argentina, Germany, the Netherlands and South-Korea.
Despite exporting a diversified range of products, commodity-based items have historically played an important role in Brazil’s foreign sales. In effect, Brazil exports mainly soybeans, crude
Brazil is one of the largest export economies in the world. Foreign trade represents about a quarter
of its GDP
Brazil is one of the leading developing countries and one of the five major emerging national economies (which are associated in the acronym BRICS – Brazil, Russia, India, China and South Africa).
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