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Brazil
EDC's Position
Page Content - Key EDC Market
- Actively pursuing business
- Open under all programs, subject to regular approval criteria
| Nominal GDP | 2,473.5 Billion USD | | Population | 192.8 Million | | Total Trade/GDP | 24.51% | | Currency | Brazilian Real (BRL) | | Merchandise Imports from Canada | 2840.77 Million CAD | | Canadian direct investment | 9793 Million CAD | | Main imports | Machinery & Equipment, Chemicals, Transportation Equipment, Oil Products | | Canadian companies assisted | 323 | | International buyers insured | 847 | | Business volume | 2,809.51 Million CAD |
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Page Content Center Right Business Environment
Brazil's dynamic market presents some challenges but offers many excellent opportunities for Canadian companies. Reflective of these opportunities are the expanding exports of Canadian goods and services to Brazil and the increasing level of two-way investment. There are prospects in a wide range of sectors that match Canadian strengths, such as telecom and infrastructure. Brazil's fiscal policies and macroeconomic reforms have provided its economy with a solid base making it a key economic power in the region. It is expected that the recent reforms and measures to support growth through investment in infrastructure and support for lending and investment funding will continue throughout the current administration. Although foreign trade only represents about a quarter of its GDP, Brazil is among the 20 top world exporters.
Key Industries
- Mining & Metals
- Oil and Gas
- Telecom
- Transportation Services
How we can support your business
Through our representations 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.
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Where does this information come from?
The information displayed in this table is extracted from the Trade Opportunities Matrix (TOM), an EDC tool used to rank opportunities based on a range of economic, financial and industry-specific criteria. It is important keep in mind that the TOM rankings refer to potential export opportunities, which may not reflect actual Canadian exports. - TOM is an empirically-based tool that provides an objective and forward-looking analysis of the most attractive markets for Canadian exporters.
- Using up-to-date economic and financial criteria, TOM ranks Canadian export opportunities in 44 industries, across 69 countries.
- TOM provides an objective starting point for export market research, which can be used to complement in-depth industry analysis and sector-specific knowledge.
Please refer to the TOM background paper for additional details.
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Company
Petrobras Netherlands BV
Vale S.A. |
Industry/Sector
Oil & Gas
Mining & Metals |
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