WHY BRAZIL?

Brazil is the largest economy in Latin America and the ninth largest in the world. That makes it a major point of entry business.

 
 
 
  • Land area: 8.514.876 km² 
  • Population: 208.642.484 
  • GDP R$ 6.6 trillion 
  • Trade: Export US$ 217.74 billion 
  • Import US$ 150.74 billion 
  • Balance US$ 67 billion 
  • Language: Portuguese 
  • Capital City: Brasilia

Economy

Growth in the Brazilian economy from 2018-2023, according to a study by BNDS (Brazil’s National Development Bank), should be between 2.5% and 3%. Consumption by families, during those six years, could see a real growth of 2.8% per year on average.

The increase of confidence is one of the foundations of the forecast models, which point to an acceleration of growth. In addition, the reduction of the basic interest rate from the second half of 2019, together with the improvement in confidence levels, will contribute to an economic environment that will induce greater investment and consumption.

In addition, plans for investment in 20 economic sectors, including 12 industrial and eight for infrastructure, reached R$1.03 trillion, nearly R$258 billion. The prospect is for real growth of 1.9% per year, on average, in investments throughout the period.

Affiliations

WHY SÃO PAULO?

FEIMEC — International Machinery and Equipment Exhibition — takes place at the São Paulo Expo, the largest and most complete convention center in Latin America.

The state of São Paulo is the richest in Brazil, with the highest GDP, which corresponds to 32.4% (2017) of all national GDP. It has a diversified economy, with development in all sectors.

In addition, it has an excellent infrastructure, with highlights for highways, ports, railways, hydroelectric power stations and airports. The state capital (São Paulo) is the main financial center of the country.


METALWORKING INDUSTRY

The metalworking industry is made up of companies focused on the manufacture and production of metals, including intermediary assets and services (foundries, forges, cutting and welding shops), and related products (consumer goods, machinery and equipment, vehicles and transportation equipment).

The metalworking industry will likely match pace with Brazilian economic recovery, with an expectation for growth near 5% in 2018.

 
KEY STATISTICS
 
  • The Brazilian machinery and equipment industry closed the first half of 2018 with revenue growth of 4.2% compared to the first half of 2017, on track for the estimated 7% growth targeted in 2018.
  • For Brazilian industrial output in general, in June 2018, there was an increase of 13.1%, over the previous month – the largest in history, which began in 2002. With that bottom line, the country's threshold of industrial production returned to a level near that recorded in December 2017.
  • Market expectations for Brazilian economic growth by the end of 2018 are around 1.5%.  And the GDP growth forecast is set at 1.6%. 

ABOUT INFORMA MARKETS

Informa Markets creates platforms for industries and specialized markets to do business, innovate and grow. Our global portfolio is composed of more than 550 international events and brands, with more than 30 located in Brazil.

We offer our clients and partners around the world network opportunities, live experiences and business through fairs and face-to-face events, specialized digital content and market intelligence solutions, building a skillful relationships between companies and markets 365 days a year.