Names: conventional long form: Federative Republic of Brazil conventional short form: Brazil local long form: Republica Federativa do Brasil local short form: Brasil
Capital City: Brasilia
Population: 188,078,227 note: Brazil conducted a census in August 2000, which reported a population of 169,799,170; that figure was about 3.3% lower than projections by the US Census Bureau, and is close to the implied underenumeration of 4.6% for the 1991 census; estimates for this country explicitly take into account the effects of excess mortality due to AIDS; this can result in lower life expectancy, higher infant mortality and death rates, lower population and growth rates, and changes in the distribution of population by age and sex than would otherwise be expected (July 2006 est.)
GDP Per Capita: $8,600 (2006 est.)
Currency: real (BRL)
Languages: Portuguese (official), Spanish, English, French
Total Area: total: 8,511,965 sq km land: 8,456,510 sq km water: 55,455 sq km note: includes Arquipelago de Fernando de Noronha, Atol das Rocas, Ilha da Trindade, Ilhas Martin Vaz, and Penedos de Sao Pedro e Sao Paulo slightly smaller than the US
Region: South America
Industries: textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
Agriculture: coffee, soybeans, wheat, rice, corn, sugarcane, cocoa, citrus; beef
Resources: bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber
Labor Force:
96.34 million (2006 est.)
agriculture: 20% industry: 14% services: 66% (2003 est.)
Exports:
$138 billion f.o.b. (2006 est.)
transport equipment, iron ore, soybeans, footwear, coffee, autos
Imports:
$95.83 billion f.o.b. (2006 est.)
machinery, electrical and transport equipment, chemical products, oil
Overview:
Characterized by large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil's economy outweighs that of all other South American countries and is expanding its presence in world markets. From 2001-03 real wages fell and Brazil's economy grew, on average only 2.2% per year, as the country absorbed a series of domestic and international economic shocks. That Brazil absorbed these shocks without financial collapse is a tribute to the resiliency of the Brazilian economy and the economic program put in place by former President CARDOSO and strengthened by President LULA DA SILVA. Since 2004, Brazil has enjoyed more robust growth that yielded increases in employment and real wages. The three pillars of the economic program are a floating exchange rate, an inflation-targeting regime, and tight fiscal policy, all reinforced by a series of IMF programs. The currency depreciated sharply in 2001 and 2002, which contributed to a dramatic current account adjustment; from 2003 to 2006, Brazil ran record trade surpluses and recorded its first current account surpluses since 1992. Productivity gains - particularly in agriculture - also contributed to the surge in exports. While economic management has been good, there remain important economic vulnerabilities. The most significant are debt-related: the government's largely domestic debt increased steadily from 1994 to 2003 - straining government finances - before falling as a percentage of GDP in 2005. Brazil has improved its debt profile over the past year by shifting its debt burden toward real denominated and domestically held instruments. LULA DA SILVA restated his commitment to fiscal austerity by maintaining the country's primary surplus during the 2006 election and plans to pass a package of further economic reforms upon entering office for his second term. Another challenge is maintaining economic growth over a period of time to generate employment and make the government debt burden more manageable.
In 2007 Missouri exported $222,251,376 in goods to Brazil. This ranks Brazil 10th among the 223 international buyers of Missouri goods. Missouri exports to Brazil increased from the previous year by $84,756,168 a change of 61.64%. State exports to Brazil have increased over the last 5 years by $156,968,719 a change of 240.44%. Missouri exports account for 1.66%. of all 2007 US exports to Brazil.
Chemicals at $134,266,669 was the largest export in 2007. The largest dollar gain was Chemicals with an increase of $51,122,291 a 67.47% change. The biggest dollar loss was in Special Classification Provisions, Nesoi with an decrease of $3,249,613 a -80.32% change.
| NAICS Industry | Annual | ||||||
|---|---|---|---|---|---|---|---|
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | ||
| 111 - Agricultural Products | 32,189 | 0 | 12,445 | 0 | 0 | 43,303 | |
| 112 - Livestock And Livestock Products | 0 | 0 | 0 | 0 | 0 | 0 | |
| 113 - Forestry Products, Nesoi | 0 | 0 | 4,090 | 0 | 20,645 | 0 | |
| 212 - Minerals And Ores | 13,705 | 3,424 | 12,072 | 8,048 | 1,973,857 | 46,095 | |
| 311 - Food And Kindred Products | 7,491,120 | 3,474,815 | 1,171,332 | 659,401 | 1,936,105 | 3,993,984 | |
| 312 - Beverages And Tobacco Products | 0 | 0 | 0 | 0 | 0 | 0 | |
| 313 - Textiles And Fabrics | 39,509 | 2,846 | 14,387 | 217,140 | 122,535 | 180,092 | |
| 314 - Textile Mill Products | 0 | 0 | 0 | 0 | 8,480 | 0 | |
| 315 - Apparel And Accessories | 12,196 | 4,522 | 0 | 31,049 | 0 | 8,000 | |
| 316 - Leather And Allied Products | 0 | 7,840 | 205,529 | 31,007 | 56,611 | 124,085 | |
| 321 - Wood Products | 91,202 | 151,495 | 277,701 | 351,473 | 488,727 | 581,623 | |
| 322 - Paper | 731,660 | 84,208 | 138,538 | 73,713 | 1,211,717 | 1,160,582 | |
| 323 - Printing, Publishing And Similar Products | 265,512 | 210,724 | 111,077 | 73,170 | 192,867 | 80,449 | |
| 324 - Petroleum And Coal Products | 127,926 | 125,360 | 288,929 | 249,005 | 509,220 | 712,095 | |
| 325 - Chemicals | 38,374,685 | 78,222,635 | 114,091,718 | 108,442,153 | 83,154,378 | 134,266,669 | |
| 326 - Plastics And Rubber Products | 1,157,674 | 1,242,727 | 1,916,281 | 2,997,129 | 3,233,288 | 3,761,106 | |
| 327 - Nonmetallic Mineral Products | 626,327 | 844,437 | 575,336 | 1,347,051 | 1,075,425 | 2,890,907 | |
| 331 - Primary Metal Manufacturing | 110,811 | 2,068,832 | 172,732 | 205,574 | 523,129 | 895,615 | |
| 332 - Fabricated Metal Products, Nesoi | 628,251 | 649,421 | 381,441 | 844,681 | 1,400,547 | 3,815,286 | |
| 333 - Machinery, Except Electrical | 4,413,754 | 5,985,057 | 6,210,276 | 11,169,837 | 13,472,030 | 10,730,088 | |
| 334 - Computer And Electronic Products | 4,556,586 | 8,404,468 | 3,384,008 | 7,301,861 | 6,975,169 | 6,427,530 | |
| 335 - Electrical Equipment, Appliances, And Component | 2,669,183 | 3,163,896 | 4,533,560 | 2,283,444 | 3,484,160 | 3,951,444 | |
| 336 - Transportation Equipment | 3,467,998 | 6,620,034 | 7,458,785 | 12,874,589 | 12,448,602 | 45,561,876 | |
| 337 - Furniture And Fixtures | 82,458 | 0 | 42,826 | 47,730 | 9,032 | 94,887 | |
| 339 - Miscellaneous Manufactured Commodities | 361,084 | 101,293 | 58,945 | 323,871 | 1,141,371 | 2,014,791 | |
| 511 - Prepackaged Software | 0 | 0 | 0 | 13,443 | 8,000 | 0 | |
| 910 - Waste And Scrap | 0 | 0 | 0 | 0 | 0 | 56,169 | |
| 920 - Used Or Second-hand Merchandise | 5,000 | 0 | 9,408 | 0 | 3,300 | 58,300 | |
| 990 - Special Classification Provisions, Nesoi | 23,827 | 32,976 | 2,845 | 108,627 | 4,046,013 | 796,400 | |
| 000 - Total All Industries MO | 65,282,657 | 111,401,010 | 141,074,261 | 149,653,996 | 137,495,208 | 222,251,376 | |
| 000 - Total All Industries US | 12,408,781,381 | 11,218,254,082 | 13,863,015,212 | 15,345,488,862 | 19,227,521,941 | 24,628,410,843 | |