Global Government Tenders

Most trusted source for Tendering Opportunities and Business Intelligence since 2002

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:
Hiring A Company To Supply Materials And Provide Services For Paving In Interlocking Concrete Blocks, Concrete Curbs, Rainwater Drainage, Public Sidewalks And Signage On The Access Street To Emef Nossa Senhora.
Country:
Brazil
Estimated Cost:
BRL 241771
Notice Type:
Tender Notice
Deadline:
29 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Acquisition Of Beef, Pork, Poultry And Fish, “In Natura” And Processed To Compare The Menu Of Meals Served To Users Of Restaurants And Popular Cafeterials In The Municipality Of Belo Horizonte.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
02 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Provision Of Transportation Service Through Vehicle Rental, On A Non-Invented Character, To Meet Demand From The Municipality Of Belo Horizonte.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
02 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
The Purpose Of This Instrument Is The Hiring Of A Company To Provide Services In The Issuance Of Ecpf A1 Digital Certificates, Computer Media, Valid For 12 Months. Quantity: 11 Certificates; Under The Conditions Established In The Terms Of Reference, The Basic Project And Other Annexes.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
25 Apr 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Electronic Bringing No. 24000200/2024 - Se/Rn - Provision Of Continuous Support Services To Operational Units, Relating To The Stages Of Integrated Logistics Processes, Treatment And Forwarding Of National And International Objects, With A Prevalence Of Labor, Through The System Of Price Registration - Srp, In Accordance With The Conditions Set Out In The Notice And Its Appendices And Attachments. (Register Overall Value Of The Lot).
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
13 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Acquisition Of Data Storage Subsystems Composed Of Storages With Object Storage, Block Storage And Network Attached Storage Functionality - Nas Covering The Supply Of Hardware And Management Software, Installation, Deployment And Migration Of Data, Transfer Of Knowledge And Technical Guarantee, For The Brasília And São Paulo Data Centers, In Accordance With The Technical Specifications And Other Conditions Of The Notice And Its Annexes.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
10 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Electronic Auction No. 24000201/2024-Cs - Acquisition Of Microcomputer Equipment/Goods, Through The Price Registration System - Srp (Notebook). Important: When Registering Proposals, Pay Attention To Item 5.9 And Its Sub-Items, Under Penalty Of Disqualification. The Estimated Value Of The Contract Is Confidential And Will Be Disclosed After The End Of The Bidding Phase.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
25 Apr 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Correios Bidding Open No. 022/2024 - Se/Rs - Sale Of Vehicles And Motorcycles Owned By Correios - Se/Rs. The Bidding Will Be Carried Out By Cpl/Rs. Attention: Correios Employees Are Not Permitted To Participate In The Bidding.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
20 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Provision Of Postal Cargo Road Transport Service, In The Regional Transport Line Mode? Grupo-Ltr-Se-Malha Geral, In Accordance With The Conditions Set Out In The Notice And Its Appendices And Attachments. (Note: Qualification Documents Must Be Sent Exclusively Through The Licitações-E System. Register Overall Value Of The Lot).
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
10 May 2024
Posting Date:
18 Apr 2024
 
 
 
Summary:
Hiring Legal Entities Or Individuals That Carry Out Business Activities To Provide Services Related To The Operation Of A Service Channel Called Collection Point, According To Conditions, Locations, Requirements And Specifications Established By Correios.
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
22 Apr 2024
Posting Date:
18 Apr 2024