Brazil, the largest economy in the region, has faced deterioration in its macroeconomic, investment and political environment, with high inflation, a depreciating currency and economic contraction. Significant political changes are expected by September 2016, with a high probability of a new favorable political and business environment, potentially leading to market friendly reforms. Brazil features a diversified economy and export base, along with a solid, strongly regulated banking system. Although foreign trade only represents about 20% of its GDP, Brazil is the second largest exporter in Latin America. Brazil presents many opportunities for Canadian companies in a number of sectors, however, expensive tax regimes, heavy bureaucracy and political uncertainty continue to present challenges for Canadian exporters and investors.
- Construction & Infrastructure
- Forestry (Lumber, Pulp & Paper)
- Oil and Gas
How we can support your business
Through our representation in Rio de Janeiro and Sao Paulo, Brazil, we provide on-the-ground support to Canadian companies planning on or currently doing business in Brazil. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.
- We are well positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.
Consult our interactive Country Risk Quarterly report.