General Information

Exports of Latin America's largest economy are concentrated mainly in the following sectors: soy and soy derivatives at 13.9%, iron ores and concentrates at 11.5%, petroleum and fuels at 8.8%, coffee and sugar at 7.7%, and beef and chicken meat at 6%.
(Source: Ministério do Desenvolvimento, Indústria e Comércio Exterior)

Gross Domestic Product (GDP) % of regional GDP GDP per head

USD 2,054,970

millions

37.4%

 

USD 9,895

 

Economic Statistics (years 2014 - forecast 2019)

National Accounts 2014 2015 2016 2017 f.2018 f.2019
             
GDP growth (%) 0.5% -3.6% -3.5% 1.0% 1.5% 2.5%
Nominal GDP (USD millions) 2,455,710 1,799,710 1,793,070 2,054,970 1,951,400 2,039,100
GDP per Head (USD) 12,110 8,802 8,700 9,895 9,328 9,678
Inflation (%) 6.4% 10.7% 6.3% 2.9% 4.0% 4.2%
Fiscal Balance (% GDP) -5.4% -10.3% -9.0% -7.8% -7.5% -7.2%
General Govt. gross debt (% GDP) 62.3% 72.6% 78.4% 84.0% 78.6% 83.0%
   

Trade Statistics

Foreign Trade - Composition        
           
Exports     Imports    
           
By countries     By countries  
China 19.0%   China   17.9%
US 12.6%   US   18.6%
Argentina 7.2%   Argentina   6.9%
Netherlands 5.6%   Netherlands 7.0%
           
By products     By products  
Agricultural products 46.4%   Manufactures 72.3%
Manufactures 36.9%   Fuels and mining prod. 21.7%
Fuels and mining prod. 16.7%   Agricultural products 5.9%

 

   
Balance of Payments (USD millions) 2014 2015 2016 2017 f.2018 f.2019
             
Exports of Goods 224,098 190,092 184,453 217,243 219,808 238,674
Exports growth (%) -7.2% -15.2% -3.0% 17.8% 1.2% 8.6%
Imports of Goods 230,727 172,422 139,416 153,215 -176,111 -193,007
Imports growth (%) -4.3% -25.3% -19.1% 9.9% 14.9% 9.6%
Foreign Trade (% GDP) 19% 20% 18% 18% 20% 21%
             
Current Account Balance -104,181 -59,434 -23,546 -9,762 -31,820 -33,927
% GDP -4.2% -3.3% -1.3% -0.5% -1.6% -1.7%
Foreign Direct Investment 97,180 74,718 78,248 70,332 70,000 72,800
% GDP 4.0% 4.2% 4.4% 3.4% 3.6% 3.6%
   

 

Disclaimer

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