Raw Sugar Cane
GBB Suggested Strategies For Brazil
- Begin exporting to Japan, and at the same time export more to US and Germany.
Economy (2010 est.)
GDP (nominal exchange rate): $ 2.1 trillion.
GDP (purchasing power parity): $2.194 trillion.
Annual real growth (2010): 7.5%.
Per capita GDP (nominal exchange rate): $11,185.
Per capita GDP (purchasing power parity): $10,900.
Natural resources: Iron ore, manganese, bauxite, nickel, uranium, gemstones, oil, wood, and aluminum. Brazil has 14% of the world's renewable fresh water.
Agriculture (6% of GDP): Products--soybeans, coffee, sugarcane, cocoa, rice, livestock, corn, oranges,cotton, wheat, and tobacco.
Industry (28% of GDP): Types--steel, commercial aircraft,chemicals, petrochemicals, footwear, machinery, motors, vehicles, auto parts, consumer durables, cement, and lumber.
Services (66% of GDP): Types--mail, telecommunications, banking, energy, commerce, and computing.
Trade: Trade balance (2011)--$20 billion surplus.
Exports: $202 billion. Major markets--China 15%, United States 10%, Argentina 9%.
Imports: $182 billion. Major suppliers--United States 15%, China 14%, and Argentina 8%.
Exchange rate (March 3, 2011): U.S. $1 = 1.65 Brazilian Reais.