Over the past decade, Brazil has shown solid economic stability. In the past 10 years, more than 35 million Brazilians have been lifted out of poverty into the emerging middle class. Brazil has seen an average growth of 3.4% GDP over the last 4 years.
Brazil’s services sector accounts for more than two-thirds of its GDP, followed by industry and agriculture. The combined value of these sectors represented USD 2.5 billion GDP. They were responsible for approximately 1.5% of global trade.
Brazil has enormous potential, it takes time, money and effort but is worth it. 400 of the world’s 500 largest companies operate in Brazil. These include many companies, such as Rolls Royce, BG Group, Shell, BP, JCB, Rexam and Experian. The main opportunities in the market are in the following sectors:
- Aerospace (supply chain and partnerships, composites and metallic structures, automation technology and maintenance);
- Automotive (low carbon technologies, engineering services, lightweight components and advanced materials);
- Creative Industries (architecture, music, film);
- Energy (oil and gas, offshore equipment, pipeline and seabed surveys, inspection, repair and maintenance);
- Renewable energy (solar, wind, distributed generation, smart grid, energy efficiency);
- Healthcare (research and design, pharmaceuticals)
- Maritime equipment, naval construction, maintenance, maritime navigation;
- Airports, rail and ports (technologies and innovative products);