ANDAMAN PARTNERS Was a Co-Sponsor of the South African National Day Reception in Shanghai on 30 May 2025
May 29, 2025
ANDAMAN PARTNERS was a cosponsor of the South African National Day Reception in Shanghai on 30 May 2025.
Profile in Brief
Brazil’s USD 2.3 billion economy is the ninth-largest by nominal value, and its key sectors are agriculture, mining, manufacturing and services.
Brazil has a total land area of 8.5 million square kilometres.
Government is a democracy with a presidential and federal system.
Economy at a Glance
GDP Overview (2023)
The economy recovered steadily after 2020, driven by services and modest contributions from industry and agriculture.
Real GDP growth is forecast to stabilize at around 2% in the second half of the 2020s.
Government debt has declined from a 2020 peak, but gross fixed capital formation remains subdued at 16.5% of GDP (2023).
Trade Profile (2023)
Total trade reached USD 592 billion in 2023 driven by strong export growth of agricultural goods and minerals, accounting for over 57% of total exports.
Leading export partners (2023): China (USD 104.3 billion), U.S. (USD 37.5 billion), Argentina (USD 16.7 billion).
Leading import partners (2023): China (USD 56.0 billion), U.S. (US 40.2 billion), Germany (USD 13.6 billion).
To download the full Brazil Country Profile, please see the option below.
ANDAMAN PARTNERS supports international business ventures and growth. We help launch global initiatives and accelerate successful expansion across borders. If your business, operations or project requires cross-border support, contact connect@andamanpartners.com.
News & Events
Asia’s Shifting Role in Global Supply Chains — Perspectives by ANDAMAN PARTNERS Co-Founder Rachel Wu
March 11, 2025
Analysis by ANDAMAN PARTNERS Co-Founder Rachel Wu on changing patterns in global supply chains.
ANDAMAN PARTNERS Co-sponsored the West Australian Mining Club Luncheon in Perth on 27 February 2025
February 27, 2025
WA Mining Club luncheons are valuable ways to network with colleagues and clients and learn about the latest industry insights.
Knowledge
Africa’s Unfulfilled Manufacturing Revolution and New Opportunities of Industrialisation
June 13, 2025
Africa previously failed to develop a broad manufacturing base despite industrial foundations laid early in the post-colonial period. But Africa’s potential for industrial takeoff remains.
The Philippines’ Services-Led Economy Driven by Domestic Consumption
June 11, 2025
Rapid and sustained economic growth has made the Philippines a Southeast Asian economic force to be reckoned with, with bright prospects.
Southeast Asia: The USD 4-trillion Economy
June 11, 2025
With rapid GDP growth, expanding trade networks and investment inflows, Southeast Asia has lasting appeal as a destination for corporations seeking to diversify supply chains.