Evaluating the market in Brazil

We can help you get a better understanding of market activity, relationships and support to grow your business.
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Country Risk Quarterly

Read the Country Risk Quarterly interactive guide for valuable insights on rapidly changing global markets, new opportunities and the latest political and economic risks that could affect your business.

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Global Export Forecast

Read the Global Export Forecast for expert insights from the EDC Economics team on the current trends influencing global trade and Canadian exporting.

Read the latest Government of Canada travel advisory for this market.

Business environment in Brazil

Brazil has the largest economy in South America but it has recently faced deterioration in its macroeconomic, investment and political environment due to high inflation, a depreciating currency and economic contraction. Despite this, Brazil has a diversified economy and export base, along with a strongly regulated banking system. Brazil offers many opportunities for Canadian companies in a number of sectors, however, expensive tax regimes, heavy bureaucracy and political uncertainty continues to present challenges for Canadian exporters. EDC serves Canadian companies in Brazil through our local representation in Rio de Janeiro and São Paulo.
  • Agriculture 
  • Construction & Infrastructure
  • Forestry (Lumber, Pulp & Paper)
  • Oil and Gas
  • Power

Here’s a helpful tip for doing business in Brazil

Avoid business trips to Brazil during their holidays, especially the popular Carnival (late January to early February) when many businesses are celebrating.

Unlock key contacts in Brazil when you download our Market Entry Advisor Guide.

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