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Economy of Brazil and business opportunities

Economy of Brazil

Brazil has the world's seventh largest economy by nominal GDP, and the seventh largest by purchasing power parity. The Brazilian economy is characterized by moderately free markets and an inward-oriented economy.

Brazil's economy is the largest of Latin America and the second largest in the Western Hemisphere. From 2000 to 2012, Brazil was one of the fastest-growing major economies in the world, with an average annual GDP growth rate of over 5%, with its economy in 2012 surpassing that of the United Kingdom, making Brazil the world's sixth largest economy. However, Brazil's economy growth has decelerated in 2013 and had almost no liquid growth throughout 2014, and the country's economy is expected to shrink by 4% in 2015.

According to the World Economic Forum, Brazil was the top country in upward evolution of competitiveness in 2009, gaining eight positions among other countries, overcoming Russia for the first time, and partially closing the competitiveness gap with India and China among the BRIC economies. Important steps taken since the 1990s toward fiscal sustainability, as well as measures taken to liberalize and open the economy, have significantly boosted the country's competitiveness fundamentals, providing a better environment for private-sector development.

In 2012 Forbes ranked Brazil as having the 5th largest number of billionaires in the world, a number much larger than what is found in other Latin American countries, and even ahead of United Kingdom and Japan. Brazil is a member of diverse economic organizations, such as Mercosur, Unasul, G8+5, G20, WTO, and the Cairns Group.

Sectors

The service sector is the largest component of GDP at 67.0 percent, followed by the industrial sector at 27.5 percent. Agriculture represents 5.5 percent of GDP (2011).

Agriculture and food production

Agribusiness contributes to Brazil's trade balance, in spite of trade barriers and subsidizing policies adopted by the developed countries.

A pioneer and leader in the manufacture of short-fiber timber cellulose, Brazil has also achieved positive results within the packaging sector, in which it is the fifth largest world producer. In the foreign markets, it answers for 25 percent of global exports of raw cane and refined sugar; it is the world leader in soybean exports and is responsible for 80 percent of the planet's orange juice, and since 2003, has had the highest sales figures for beef and chicken, among the countries that deal in this sector.

Industry

Brazil has the third-largest manufacturing sector in the Americas. Accounting for 28.5 percent of GDP, Brazil's industries range from automobiles, steel and petrochemicals to computers, aircraft, and consumer durables .

Proven mineral resources are extensive. Large iron and manganese reserves are important sources of industrial raw materials and export earnings. Deposits of nickel, tin, chromite, uranium, bauxite, beryllium, copper, lead, tungsten, zinc, gold, and other minerals are exploited. High-quality coking-grade coal required in the steel industry is in short supply.

Energy

Brazil is one of the world's leading producers of hydroelectric power, with a current capacity of about 260,000 megawatts. Existing hydroelectric power provides 90 percent of the nation's electricity.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Economy Of Brazil"

Global Tenders has one of the largest database of international and national tenders/competitive bids, procurement news, project information, contract awards, related to Brazil from all over the world..

This section contains economy and business opportunities and from Brazil.
Brazil Economy Brazilian Economy, business opportunities in Brazil.
Summary:
The Purpose Of This Instrument Is To Record Prices For Future And Eventual Contracting Of A Company To Provide Tent Rental, Sound, Truss, Chair And Table Sets And Grating Metalworking Material Services, To Meet The Requirements Of.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
01 Jun 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Registration Of Prices For The Acquisition Of Chromium Silicon Steel Rods And Accessory Materials Intended For The Maintenance Service Of The Sewage Network – Department Of The Environment.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
16 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
* Electronic Bidding * Price Registration For Future And Eventual Acquisition Of Food Supplements To Meet The MunicipalityS Demand
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
17 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
* Electronic Bidding * Acquisition Of Reagents For Coagulation With The Transfer Of Equipment In A Lending System, New To The Production Line, In Order To Supply The Needs Of The Homeostasis Sector Of The Clinical Analysis Laboratory Of The Hospital Foundation Of Feira De Santana - WomenS Hospital .
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
13 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
* Price Registration * Formation Of Price Registration For Future And Eventual Acquisition Of Foodstuffs Intended For The Maintenance Of School Meals, To Serve Students In The Public Network Of The Municipality Of Santa Inês/Ba, According To Specifications Contained In The Term Of Reference, Annex I Of The Notice.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
14 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
* Price Registration * * Electronic Bidding * Price Registration For The Purchase Of Cleaning Materials, Disposable Materials, Hygiene Products For ChildrenS Use And Kitchen/Kitchen Utensils, To Meet The Needs Of The Various Municipal Departments And Funds Of The Municipality Of Boa Vista From Tupim/Ba.
Country:
Brazil
Estimated Cost:
BRL 1409700
Notice Type:
Tender Notice
Deadline:
14 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
3088308 - Propofol - Concentration/Dosage 10 Mg/Ml, Pharmaceutical Form Injectable Emulsion, Ampoule Or Ampoule Presentation Form, Intravenous Administration Form. *
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
03 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Acquisition Of Hospital Equipment And Instruments For Use At The Polyclinic
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
17 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
Acquisition Of Medicines Included In The Periodical Cmed Medicines Market Regulation Chamber Of Anvisa, Not Available In The MunicipalityS Stock, Through A Greater Discount To Be Applied To The Maximum Price For The Pmc Consumer Valid For The State Of São Paulo
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
14 May 2024
Posting Date:
03 May 2024
 
 
 
Summary:
* Electronic Bidding * Lease Of 24 Twenty-Four System Equipments For High-Flow Respiratory Therapy, Ten Of Which 10 Are For The Conceição Hcc ChildrenS Hospital - 3 Must Meet The Demand Of Neonate Patients, 12* Twelve For Seasonal Use At Hcc And 2 Two For Hospital Cristo Redentor Hcr, For A Period Of 12 Twelve Months, Extendable Up To The Legal Limit, By Agreement Between The Parties, In Accordance With The Terms Of Reference And Other Specifications And Conditions Contained In This Notice And Its Annexes. * Http://
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
27 May 2024
Posting Date:
03 May 2024