In 2017, Brazil’s gross domestic product reached 2.05 billion U.S. dollars, 63 percent of which came from the services sector. The service sector consists of the provision of services both to other businesses and to final consumers, and the service sector often encompasses transportation, distribution, and sale of goods.

Brazil’s position in the global economy

Nations with economies built on the service sector are considered more advanced than industrial or agricultural economies, and indeed, Brazil is considered an advanced emerging economy with the largest share of wealth in Latin America. Brazil has the eighth largest GDP in the world and is one of the BRICS states (Brazil, Russia, India, China, and South Africa) — certain countries with strong economic development and rising influence on regional affairs.

Brazil’s economic strengths and challenges

Brazil is also known for its agriculture and food production, with its main products including soybeans, beef, and coffee. As of 2018, Brazil is the leading producer of coffee, at over 61 thousand 60 kilogram bags. The country has an estimated 21.8 trillion U.S. dollars of natural resource commodities, including, gold, iron, oil, and timber. However,retrieving them often happens at the expense of the environment, including ongoing deforestation in the Amazon Basin, which contains the largest rainforest in the world.

In 2022, Engelhart CTP (Brasil) S.A. led the ranking of the leading companies in the wholesale and foreign trade sector in Brazil. In that year, ECTP registered a net revenue of ***** billion Brazilian reals, followed by Sotreq S.A. who generated over ***** billion Brazilian reals in revenue. Other firms that made the list of largest companies in the wholesale and foreign trade sector in Brazil included Comexport, Sertrading, Viveo, Profarma, and Timbro.

In 2022, retail and trade was the sector in Brazil which legally employed the largest number of people, with over 13 million employees. The public administration was the third leading economic sector based on legally employed workforce that year, employing more than 7.87 million people. According to the latest data, nearly 71 percent of employment in the country were located in the services sector.

Key information about Brazil Industrial Production Index Growth

• Brazil Industrial production rose 1.7 % YoY in Jan 2025, following an increase of 0.3 % YoY in the previous month.
• Brazil Industrial production index growth rate YoY data is updated monthly, available from Jan 1986 to Jan 2025, with an average rate of 1.4 %.
• The data reached an all-time high of 34.5 % in Apr 1991 and a record low of -28.4 % in Apr 1990.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. The Brazilian Institute of Geography and Statistics provides Industrial Production Index with base 2022=100. Industrial Production Index Growth prior to January 2003 is calculated from Industrial Production Index with base 2002=100 and prior to January 1992 from Industrial Production Index with base 1991=100.

Graph and download economic data for Market Capitalization Outside of Top 10 Largest Companies to Total Market Capitalization for Brazil (DDAM02BRA156NWDB) from 1998 to 2019 about market cap, Brazil, companies, and stock market.

The report covers Top Brazil Factory and Industrial Automation Companies and the market is Segmented by Type (Field Devices (Machine Vision, Robotics, Sensors, Motors, and Drivers, Relays and Switches), Industrial Control Systems (SCADA, DCS, PLC, MES, PLM, ERP, HMI)), and by End-User Industry (Automotive, Chemical and Petrochemical, Utility, Pharmaceutical, Food, and Beverage Oil and Gas).

Market Overview: The Brazilian packaging industry holds a substantial market size of 36.98 million, anticipated to expand at a steady CAGR of 4.20% during the forecast period of 2025-2033. The industry is driven by a growing population, rising urbanization, and robust economic development. The increasing demand for packaged food, beverages, and pharmaceutical products is fueling the market expansion. The adoption of sustainable materials and the emergence of e-commerce are also expected to drive growth. Competitive Landscape and Key Trends: Major players in the Brazilian packaging industry include WestRock Company, Sonoco Products Company, SSI Schaefer LTDA, Smurfit Kappa Group, and Tetra Pak International SA. The competitive landscape is characterized by ongoing innovation, with companies investing in advanced technologies and eco-friendly solutions. Key trends include the rising demand for flexible and lightweight packaging, the integration of RFID and other smart packaging solutions, and the growing adoption of automated packaging systems. Market participants are focusing on sustainability, reducing their carbon footprint, and meeting the evolving needs of consumers. Recent developments include: March 2023: Amcor and Nfinite Nanotechnology Inc. revealed a collaborative research project agreement aimed at testing the potential of Nfinite's nanocoating technology to enhance the recyclable and compostable packaging., November 2022: the Brazilian Plastics Institute, in partnership with Think Plastic Brazil and ApexBrasil (the Brazilian Trade and Investment Promotion Agency), launched a new online platform. The converted plastics industry in Brazil considers innovation, design, and sustainability as key differentiators on a global scale. Leading manufacturers are actively making informed decisions regarding ingredient sourcing and manufacturing techniques to align with the sustainability trend. Unilever, for instance, introduced refill packs for OMO liquid laundry detergent using 50% recycled plastic, resulting in 70% less plastic usage overall. These refill packs are also recyclable. The product received a positive response from Brazilian consumers, and its distribution was extended to other South American, European, and Middle Eastern countries., May 2022: The Ardagh Group announced the location of its first glass production facility in Brazil. The factory will be based in Juiz de Fora, Minas Gerais, and will cater to leading clients in the growing Brazilian market, providing sustainable glass packaging. The plant will create around 300 high-quality jobs, and production is scheduled to commence in H1 2024. Ardagh's emphasis on sustainability and its ambitious ESG targets would support these among the Group's most eco-friendly facilities.. Key drivers for this market are: Increasing Demand for Longer-Lasting Packaging Products, Rising Demand for Sustainable and Innovative Food Packaging Products. Potential restraints include: Stringent Environmental Regulations. Notable trends are: Paper and Paperboard to be the Fastest Growing Segment.

With over 71.62 billion Brazilian reals in revenue, food companies constituted the leading franchise industry in Brazil in 2024. In second place on the list of the major Brazilian franchise industries were beauty, health, and personal care companies, with a combined revenue of nearly 64.83 billion reals. The leading franchise brand in Brazil in 2024 belongs to the first mentioned category.

Brazil BR: GDP: % of Manufacturing: Chemicals data was reported at 2.455 % in 2021. This records a decrease from the previous number of 3.117 % for 2020. Brazil BR: GDP: % of Manufacturing: Chemicals data is updated yearly, averaging 2.607 % from Dec 2007 (Median) to 2021, with 15 observations. The data reached an all-time high of 3.138 % in 2017 and a record low of 2.374 % in 2013. Brazil BR: GDP: % of Manufacturing: Chemicals data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Chemicals correspond to ISIC division 24.;United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.;;

ABSTRACT This paper aims to highlight the major changes in the global economy that affect Brazilian industrial development and mark out the strategies that could move the country toward a more robust productive structure. It is argued that the debate on deindustrialization in Brazil, although it had an important contribution to highlight the importance of manufacturing for economic development, did not deep the discussion about the limits and possibilities of Brazilian industrial development. That debate did not adequately consider those changes in the global economy, related to the more fierce global competition scenario and to the changes in the strategies of Transnational Corporations.

With over 20 million businesses, all held in-house, BoldData has the largest supply of Brazilian B2B data. We can select your perfect target based on numerous interesting selections: from 3,000 industries to region, turnover, sector, contact person and the number of employees.

Other questions or are you looking for another city or country? Our data experts are specialized in supervising international campaigns. We have specific direct marketing knowledge per country and have highly accurate data of 300 million companies in 150+ countries. Contact us for free tailor-made advice and an independent quote.

As of October 2024, *********, a state-owned corporation in the ********* industry, was the largest public company in Brazil, with a market capitalization of nearly ** billion U.S. dollars. ***********, a Brazil-based *************** platform, was second in the ranking, with a market cap of ***** billion U.S. dollars. Brazilian financial services company ************* followed closely and came in third, amounting to almost ** billion U.S. dollars in market cap.

Activities (products and industries) in the bottom-5 and top-5 of complexity estimated from exports (top) and industry (bottom), and the region with the highest RCA on such activity.

In 2023, Cogna Educação, formerly known as Kroton Educacional, was the leading company in the education sector in Brazil based on net revenue. The company generated more than *****billion Brazilian reals in revenue that year. Brazilian think tank Fundação Getúlio Vargas (FGV) ranked tenth, with net revenues of nearly *** billion Brazilian reals.

This horizontal bar chart displays companies by city using the aggregation count in Brazil. The data is about companies.

Brazil's media and publishing landscape is dominated by a few key players, with Globo Comunicação e Participações S.A. leading the pack. In 2023, Globo generated over ** billion Brazilian reals in revenue, dwarfing its closest competitor, Record, which earned *** billion reals. This stark contrast highlights the immense influence Globo wields in the Brazilian media market. Revenue growth and profitability Globo's revenue saw a modest increase of *** percent from 2022 to 2023, reaching ***** billion reals. However, the company's net profit for 2023 was *** million reals, significantly lower than its peak of *** billion reals in 2015. This suggests that while Globo maintains its market dominance, it faces challenges in maintaining profitability. Meanwhile, a publishing entity within Grupo Globo - Editora Globo, reported a more substantial revenue growth of ** percent year-over-year, reaching *** million reals in 2023. Industry growth and employment The Brazilian media, information technology, and telecommunications sectors have experienced significant growth in recent years. In 2022, the number of companies in these sectors increased by ** percent to over *******. This expansion was accompanied by a 19-percent rise in employment, with approximately **** million people working in these industries. This growth indicates a vibrant and expanding media landscape in Brazil, despite the dominance of a few large players.

The Brazil Chocolate Industry size was valued at USD 3240 Million in 2023 and is projected to reach USD 4670 Million by 2032, exhibiting a CAGR of 5.45 % during the forecast periods. The Brazilian chocolate industry is booming due to large cacao resources and increasing domestic demand. This market offers a range of chocolates with dark, milk, and gourmet segments for use in a broad spectrum of target applications—from everyday confectionery and premium chocolates to noble and delectable treats. There will be segmentation in this sector: mass-produced products and artisanal ones resorting to advanced processing techniques and sustainable sourcing practices. Its impact is huge concerning regional economic growth and building up local cacao farmers. Some of the major advantages involve the high-quality cocoa bean varieties of Brazil and the growing consumer base. Various combinations of traditional craftsmanship and state-of-the-art technology make this industry more competitive than ever at the global level. Recent developments include: July 2023: Ferrero's sister company, Ferrara Candy Co., announced the acquisition of Brazilian snacks company Dori Alimentos, which sells a variety of chocolate and sugar confectionery brands, including Dori, Pettiz, and Jubes.July 2023: Ferrara Candy Company, a Ferrero-related company, signed an agreement to acquire Dori Alimentos to expand its network in the fast-growing Brazilian confectionery market.December 2022: Mars Incorporated launched Snickers Caramelo & Bacon limited edition chocolate bars in Brazil.. Key drivers for this market are: Increasing demand for meat alternatives. Potential restraints include: Presence of numerous alternatives in the plant proteins. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

The Market Report Covers Brazil's Top Telecom Companies and is Segmented by Services (Wired, Wireless), Data and Messaging Services, OTT, and Pay TV Services. The market size and forecasts are provided in terms of value (USD million) for all the above segments.

Brazil BR: GDP: % of Manufacturing: Food, Beverages and Tobacco data was reported at 17.205 % in 2022. This stayed constant from the previous number of 17.205 % for 2021. Brazil BR: GDP: % of Manufacturing: Food, Beverages and Tobacco data is updated yearly, averaging 18.899 % from Dec 1990 (Median) to 2022, with 32 observations. The data reached an all-time high of 23.366 % in 2015 and a record low of 13.635 % in 1990. Brazil BR: GDP: % of Manufacturing: Food, Beverages and Tobacco data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Food, beverages, and tobacco correspond to ISIC divisions 15 and 16.;United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.;;

Brazil BR: GDP: % of Manufacturing: Machinery and Transport Equipment data was reported at 9.637 % in 2021. This records an increase from the previous number of 8.718 % for 2020. Brazil BR: GDP: % of Manufacturing: Machinery and Transport Equipment data is updated yearly, averaging 13.952 % from Dec 2007 (Median) to 2021, with 15 observations. The data reached an all-time high of 19.084 % in 2007 and a record low of 8.718 % in 2020. Brazil BR: GDP: % of Manufacturing: Machinery and Transport Equipment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Brazil – Table BR.World Bank.WDI: Gross Domestic Product: Share of GDP. Value added in manufacturing is the sum of gross output less the value of intermediate inputs used in production for industries classified in ISIC major division D. Machinery and transport equipment correspond to ISIC divisions 29, 30, 32, 34, and 35.;United Nations Industrial Development Organization, International Yearbook of Industrial Statistics.;;