Brazil is an export-oriented market, with exports accounting for 14% of its GDP worth an estimated $22 billion per month.
The main exports are transport equipment, machinery, steel, iron ore, soybeans, footwear, coffee and automotive parts with over 60% of exports manufactured or semi-manufactured. Brazil’s largest exports markets are European Union, United States, Argentina, China and Venezuela.
Worth knowing about Brazil
What should be considered?
Brazil´s current growth offers significant export opportunities but is also a country with cultural and administrative complexities.
Prior to conducting business with suppliers it is critical to conduct background checks and to align expectations on quality requirements. English is not widely spoken, with Portuguese essential especially outside the major cities. To discuss your sourcing or procurement intelligence requirements from Brazil, please contact us.
Frequently Asked Questions
Below are answers to the most frequently asked questions. Please feel free to contact us. Use our contact form or arrange a callback with a consultant.
What kind of products & services do you source?
We can source any product or service from commodity to customised. Check our Category Expertise section to see the range.
What kind of businesses do you work with?
We work with small to multi-national companies that are looking to procure goods and services from emerging markets for export or to support their local operations.
Do you have preferred relationships with suppliers?
We are supplier independent, we never take commissions from suppliers, and we conduct our procurement on an objective and documented basis.
How long does it take to quantify the potential value opportunity?
From initial brief to quantifying the potential value opportunity, takes between a few days for categories we know well to 2 months for new categories.
How long does it take to fully qualify a new supplier?
To qualify a new supplier that has been identified as offering potential value, takes between a few weeks for simple off-the-shelf products to several months for complex custom engineered products.