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 2.2 trillion economy is the world’s ninth-largest by nominal value, with agriculture, mining, manufacturing and services as key sectors. GDP is forecast to reach USD 2.7 trillion in 2030.
Brazil has a total land area of 8.51 million square kilometres.
Government is a democracy with a presidential and federal system.
Main economic hubs: Sao Paulo, Rio de Janeiro, Belo Horizonte, Porto Alegre.
Economy at a Glance
GDP Overview (2024)
Brazil’s economy recovered steadily post-2020 driven by services, with modest contributions from industry and agriculture. Real GDP growth is forecast to stabilise at around 2% in the second half of the 2020s.
Brazil is weathering recent economic challenges, including unemployment, currency depreciation and inflation, via falling unemployment, steady inflation control and a recovering currency.
Economic recovery is marked by a decline in central government debt from a 2020 peak, with a strong rebound in household consumption. Gross Fixed Capital Formation remained subdued at 16.5% of GDP in 2023.
Trade Profile (2024)
Total trade reached USD 615 billion in 2024, driven by strong export growth in Agricultural Goods and Minerals, Fuels & Chemicals, which accounted for 56% of total exports. Metals, Electronics & Machinery accounted for 35% of imports.
Leading export partners (2024): China (USD 94.4 billion), U.S. (USD 40.9 billion), Argentina (USD 13.8 billion).
Leading import partners (2024): China (USD 69.2 billion), U.S. (USD 43.2 billion), Germany (USD 14.1 billion).
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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
Global Agriculture: Producing and Trading the World’s Food and Strategic Implications for Agri Businesses
July 1, 2025
Global agricultural supply chains are vulnerable to several risks in 2025, with important implications for agri businesses and players in the sector.
Southeast Asia: The USD 4-trillion Economy
July 1, 2025
With rapid GDP growth, expanding trade networks and investment inflows, Southeast Asia retains its enduring appeal as a vital destination for multinational corporations seeking to diversify their supply chains and tap into Asia’s growing consumer markets.
Indonesia’s Dynamic Economic Growth Story Offering Opportunities for Global Businesses
July 1, 2025
Indonesia’s dynamic, services-led and consumption-driven economy is poised to become one of the world’s largest by mid-century, presenting many opportunities for businesses and investors.