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Brazil — Market Overview

Americas>Brazil

🇧🇷 Brazil

Brazil is one of the most rates-sensitive large emerging markets because domestic financial conditions, fiscal trust, and the commodity cycle all feed directly into valuations, FX, and local liquidity. The market is usually interpreted through the Selic path, the earnings power of resource and financial franchises, and whether the fiscal backdrop keeps the real and local multiples anchored.

Regionale Karte

Eckdaten

Brazil auf einen Blick

Capital

Brasilia

Currency

Brazilian Real (R$)

Primary exchange

B3

Central bank

Banco Central do Brasil

Region

Americas

Time zone

America/Sao_Paulo

Quelle: IBGE,

Country dashboard

Warum dieser Markt wichtig ist

This version combines a stylized country map with a switchable macro explorer built from official published history, using OECD primary datasets where available and World Bank annual series where coverage is otherwise incomplete.

Makro-Explorer

Variablen wechseln, den Länderkontext behalten

These country charts now use official OECD quarterly and monthly history where the feed is actually published, with government debt added from the World Bank when a stable public series exists. Variables without dependable republishable coverage are left out instead of being interpolated, so each page shows fewer lines only when the source coverage is genuinely thinner.

Real GDP growth

Quarterly real GDP growth from OECD Quarterly National Accounts.

-10.0%-5.0%0.0%5.0%10.0%2010201120122013201420152016201720182019202020212022202320242025
Klicken Sie auf ein Jahr, um ab diesem Punkt zu zoomen.

Verfügbare Variablen

Real GDP growth

0.1%
1J-Trend+48333.3%
Ø Wachstum+8017.3%

Was das signalisiert

GDP growth is published quarterly and annualized, so each point captures how fast real output was expanding or contracting versus the prior quarter at an annual rate. It matters because it is the broadest scorecard of domestic economic momentum and sets the backdrop for revenues, employment, and policy expectations. Versus a year ago, the series is higher by 48333.3%, which points to an improving or firmer backdrop on this measure. Across the displayed window, the broader trend is still downward.

Handel und Außenposition

Exporte, Dienstleistungen und Außenbilanz

Statt einer generischen Wand aus Makro-Karten konzentriert sich dieser Abschnitt darauf, wie das Land Nachfrage aus dem Ausland gewinnt, wo sein Handelsvorteil liegt und wie sich die Außenbilanz entwickelt.

Gesamthandel BrazilR$766,5 Mrd.
Waren
Dienstleistungen
Waren
Dienstleistungen
ExportR$385,5 Mrd.
R$381,0 Mrd.Import
Außenbilanz2024
Exporte +R$385,5 Mrd.
Importe -R$381,0 Mrd.
Saldo+R$4,5 Mrd.
R$385,5 Mrd.
Total exports

The full export figure, combining goods and services in one line. It is the cleanest way to read how much external demand Brazil is capturing across both physical products and higher-value intangible flows.

R$337,0 Mrd.
Goods exports

This is the merchandise side of exports: industrial supplies, capital goods, autos, food, and other physical products. It matters because it reflects the health of manufacturing, energy, aerospace, and the broader global industrial cycle.

R$48,5 Mrd.
Services exports

This is the intangible side: finance, travel, licensing, business services, and IP-linked flows. It matters because it shows where Brazil is strongest in higher-margin, knowledge-intensive, and branded service activities.

Handelszusammensetzung

Was das Land exportiert

Handelspartner

Wohin das Land handelt

Rohstoff-Perspektive

Rohstoff-Exposure

Goods share of exports87.4%

Goods made up 87.4% of total exports in 2024, leaving services at 12.6%.

Goods share of imports73.0%

Goods made up 73.0% of total imports in 2024, leaving services at 27.0%.

Largest export goods bucketAgricultural products 46.0%

This was the biggest WTO merchandise export group for Brazil in 2024.

Largest import goods bucketManufactures 77.2%

This was the biggest WTO merchandise import group for Brazil in 2024.

Merchandise balance$59.1B

Goods exports minus goods imports in 2024. A surplus here shows whether merchandise trade supports or drags on the overall external balance.

Worauf man achten sollte

Leserahmen

01

Selic rate regime

Brazil should first be read through selic rate regime. When this regime shifts, local multiples and sector leadership usually shift with it.

02

commodity export mix

The market is usually interpreted through the Selic path, the earnings power of resource and financial franchises, and whether the fiscal backdrop keeps the real and local multiples anchored. That makes commodity export mix one of the most important signals for revising the country narrative.

03

fiscal credibility

The final layer is fiscal credibility, because it determines whether the macro backdrop turns into sustainable earnings support for the Ibovespa.

Weitere Länder

Weiter durch Americas

Jede Karte öffnet dieselbe Ländervorlage mit eigener Karte, umschaltbaren Makrovariablen und Benchmark-Ansicht. Dies ist das erste verknüpfte Netzwerk von Länderseiten in der Region.