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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:
Solid Waste Carbonization / Ssp-Am
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
24 Apr 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Aquis Cleaning And Hygie Materials. - Serfi
Country:
Brazil
 
Notice Type:
Tender Notice
Deadline:
24 Apr 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
The Object Of This Tender Is The Eventual Hiring Of A Company Specialized In Renting Pyramidal Tents, And Tents Sides (With Assembly And Disassembly) Table, Stage Base, Octanorm And Containment Grid, In Accordance With.
Country:
Brazil
Estimated Cost:
BRL 2907
Notice Type:
Tender Notice
Deadline:
14 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
The Object Of This Tender Is The Eventual And Future Acquisition Of Office/Crafts And Decoration Material, Intended To Meet The Needs Of Municipal Secretariats, Whose Descriptions And Delivery Conditions Are.
Country:
Brazil
Estimated Cost:
BRL 29
Notice Type:
Tender Notice
Deadline:
16 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Price Registration, For Eventual And Future Acquisition Of Construction, Electrical And Hydraulic Materials, For Use In Maintaining The Activities Of The Various Departments And Sectors Of The Municipality Of Braga/Rs, Whose Descriptions And Delivery Conditions.
Country:
Brazil
Estimated Cost:
BRL 43
Notice Type:
Tender Notice
Deadline:
21 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Hiring A Specialized Company To Carry Out Renovation, Landscaping And Retaining Wall Services On The Premises Of The Orestes De Brito Scheffer Municipal School, In The Municipality Of Arvorezinha/Rs, All According To Technical Projects, Memorials.
Country:
Brazil
Estimated Cost:
BRL 1546
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Hiring A Company To Provide Labor Services With The Supply Of Materials For Execution Of Rural Infrastructure Work - Asphalt Paving, On A Section Of The Municipal Highway That Includes The Fronteira Highway Paving.
Country:
Brazil
Estimated Cost:
BRL 2865510
Notice Type:
Tender Notice
Deadline:
24 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Hiring A Company Specialized In Engineering Services Destined To Execute Paving On Interlocked Floors On The Following Streets: Ana Edite De Medeiros, Manoel Benjamin And Francisco Godofredo Fernandes, Located In The Castelo Branco Neighborhood,.
Country:
Brazil
Estimated Cost:
BRL 470834
Notice Type:
Tender Notice
Deadline:
27 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Hiring A Specialized Company To Carry Out Asphalt Paving Work And Road Signage On Rua Jerri J. M. Martini (Rua 5010), Located In The Bairro Nossa Senhora Da Paz, Balneário Piçarras/Sc
Country:
Brazil
Estimated Cost:
BRL 660393
Notice Type:
Tender Notice
Deadline:
27 May 2024
Posting Date:
19 Apr 2024
 
 
 
Summary:
Hiring A Specialized Company For Paving On Interlocked Floors Of Sections On Rua João Pinheiro And Sewage Plumbing, In The Neighborhood Of São José, In The Municipality Of Jardim De Piranhas-Rn
Country:
Brazil
Estimated Cost:
BRL 167588
Notice Type:
Tender Notice
Deadline:
27 May 2024
Posting Date:
19 Apr 2024
 
 
 

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