Brazil

Герб
 Флаг
 
 

Coat of arms: was created on November 19, 1889. The coat of arms consists of the central emblem surrounded by coffee (at the left) and tobacco (at the right) branches, which were important crops in Brazil at that time. In the blue circle in the center, the Southern Cross can be seen. The ring of 27 stars around it represents Brazil's 26 states and the Federal District.

The blue ribbon contains the official name of Brazil in its first line. In the second line, the date of the federative republic's establishment (November 15, 1889) is written.

Flag: is a blue disc depicting a starry sky (which includes the Southern Cross) spanned by a curved band inscribed with the national motto «Ordem e Progresso» («Order and Progress»), within a yellow rhombus, on a green field. A blue circle with white five-pointed stars replaced the arms of the Empire of Brazil — its position in the flag reflects the sky over the city of Rio de Janeiro on November 15, 1889. Each star corresponds to a Brazilian Federative Unit.
 
  • Anthem: «Hino Nacional Brasileiro» was composed by Francisco Manuel da Silva. The anthem's lyrics have been described as Parnassian in style and Romantic in content.
  • Official languages: Portuguese.
  • Geographical location: it is the largest country in both South America and Latin America. Bounded by the Atlantic Ocean on the east, Brazil has a coastline of 7,491 kilometers (4,655 mi). It borders all other South American countries except Ecuador and Chile and covers 47.3% of the continent's land area.
  • Administrative divisions: Brazil is a federation composed of 26 states, one federal district, and the 5570 municipalities. States have autonomous administrations, collect their own taxes and receive a share of taxes collected by the Federal government. 
  • Capital: Brasília.
  • Governance: the form of government is a democratic federative republic, with a presidential system. The president is both head of state and head of government of the Union and is elected for a four-year term, with the possibility of re-election for a second successive term. The President appoints the Ministers of State, who assist in government. Legislative houses in each political entity are the main source of law in Brazil. The National Congress is the Federation's bicameral legislature, consisting of the Chamber of Deputies and the Federal Senate. Judiciary authorities exercise jurisdictional duties almost exclusively. The classic tripartite branches of government (executive, legislative and judicial under a checks and balances system) are formally established by the Constitution. The executive and legislative are organized independently in all three spheres of government, while the judiciary is organized only at the federal and state and Federal District spheres.
  • Population: 204.26 million.
  • Currency: Real.
  • GDP: $1.77 trillion.
  • Time zone: GMT −5, GMT −4, GMT −3 и GMT −2.
  • Telephone code: +55.
  • Barcode: 789 — 790.

 

Trade and economic cooperation between Belarus and Brazil

Brazil has the most developed economy in Latin America, which is characterized by highly developed agriculture and industry, advanced mining industry and huge services sector. Due to its industry the country satisfies 90% of its domestic demand for industrial goods.

Brazil mainly manufactures cars, household appliances, construction materials, cement, communication equipment, metals, vehicles, clothes and footwear. Agriculture plays a significant role in the country's economy. Brazil produces meat and meat products, ethanol, sugar, soybeans, maize, milk, rice, fertilizers, and leather.

Protectionism and long distances are the challenges Belarusian companies face, when they supply their products to Brazil and enter this market.

Although Brazil declares its commitment to liberalization of foreign trade, in fact, it has created a complicated system of the barriers to protect its agriculture. It includes high import taxes, which double cost of goods, as well as certification of import agricultural products and phytosanitary defense of overseas products.

The total foreign trade turnover of Brazil from January to December 2018 amounted to $421.1 billion, which is 14.3 percent more than in 2017 (the highest indicator for the last 5 years).

According to statistics, the volume of Brazilian exports in 2018 amounted to $239.9 billion, which is 10.2 percent more than in 2017, and imports — $181.2 billion (an increase of 20.2 percent )

China retained the status of Brazil's largest trading partner, with bilateral trade exceeding $100 billion in 2018, while Brazilian exports to China increased by 32 percent compared to 2017.

The EU and the US are Brazil's second and third trading partners, respectively.

The volume of exports from Brazil to the EU reached $42.1 billion, imports from the EU to Brazil — $34.8 billion. 

The volume of exports from Brazil to the United States is $28.8 billion; imports from the United States to Brazil are $28.9 billion.

The first 10 largest by value of commodity items exported by Brazil in 2018 include:

  • soy;
  • petroleum products;
  • iron ore and its concentrates;
  • cellulose;
  • bran and processed products of soybean oil;
  • poultry meat;
  • drilling or exploration platforms, excavators;
  • beef;
  • raw cane sugar;
  • other manufactured goods.

The top 10 main import items of Brazil in 2018 included:

  • other manufactured goods;
  • drilling platforms, excavators;
  • medications for human and veterinary medicine;
  • spare parts and parts for cars and tractors;
  • fuel;
  • oil refined products and fuel oil;
  • passenger cars;
  • naphtha;
  • heterocyclic compounds and their derivatives;
  • insecticides, pesticides, herbicides, etc.

For many years, Brazil has been one of the leading foreign trade partners of Belarus.

Dynamics of trade with Brazil (in million US dollars)

Year

Turnover

Export

Import

Surplus

2013

647.4

518.7

128.6

390.1

2014

865.9

709.6

156.2

553.5

2015

645.8

521.3

124.5

396.7

2016

524.8

442.0

82.8

359.2

2017

513.0

440.4

72.6

367.8

2018

711.0

585.3

125.7

459.6

2018 as compared to 2017, %

138.6

132.9

173.1

 

According to the results of 2018, the Belarusian-Brazilian trade turnover amounted to $711.0 million (in 2017, the trade turnover was $513.0 million), while exports amounted to $585.3 million (in 2017, exports amounted to $440.4 million) including petroleum products and nitrogen fertilizers (for comparison, exports in 2016 — $442.0 million), imports — $125.7 million (in 2017, imports — $72.6 million (for comparison, imports amounted to $82.8 million in 2016). At the same time, the export growth rate in 2018 amounted to 132.9% compared to the 2017 export level ($440.4 million).

The following 10 product groups played a leading role in Belarusian exports during the year in value terms:

  • potash fertilizers ($558,658.3 thousand, in 2017 — $434,860.7 thousand);
  • nitrogen fertilizers ($20,661.1 thousand, in 2017 — $536.8 thousand);
  • polycarboxylic acids, their derivatives ($1770.9 thousand, in 2017 — $640.6 thousand);
  • linen fabrics ($1038.4 thousand, in 2017 — $785.1 thousand);
  • non-alloy steel wire ($788.8 thousand, in 2017 — $708.1 thousand);
  • tires ($477.5 thousand, in 2017 — $260.4 thousand);
  • insecticides, herbicides ($294.7 thousand, in 2017 the products were not supplied);
  • cotton fabrics with a density of not more than 200 g/m² ($246.6 thousand, in 2017 — $98.7 thousand);
  • fiberglass ($220.4 thousand, in 2017 — $183.6 thousand);
  • synthetic non-combed fibers ($201.5 thousand, in 2017 — $24.8 thousand).

The main type of transport services of Belarus in the Brazilian market remains maritime transport services.

Compared to 2017, the volume of Brazilian imports to Belarus in 2018 increased significantly (by $53.1 million or 173.1 percent). Import growth was due to the purchase of three Embraer airplanes.

Among the main items of imports from Brazil in 2018, along with aircraft ($91.0 million), the following items should be distinguished:

  • ethylene polymers — $1.6 million (at the end of 2017: $2.4 million);
  • glands, other organs, their extracts for organotherapy — $1.3 million (in 2017: $0.9 million);
  • coffee — $0.9 million (in 2017: $0.4 million);
  • leather, additionally processed after tanning, from cattle skins — $0.8 million (in 2017: $0.8 million);
  • propylene polymers — $0.7 million (as of the end of 2017, $1.0 million);
  • dates, figs, pineapples, avocados, guava, fresh or dried mangoes — $0.7 million (as of the end of 2017: $0.5 million);
  • rosin, resin acids, their derivatives — $0.7 million (new position);
  • intestines, blisters and stomachs of animals — $0.6 million (according to the results of 2017: $0.8 million);
  • ginger, saffron, turmeric, thyme, bay leaf, other spices — $0.6 million (in 2017: $0.3 million);
  • other coloring matter — $0.6 million (in 2017: $0.8 million);
  • animal hair, combed — $0.6 million (new position);
  • agricultural machines for preparing and cultivating the soil and their parts — $0.6 million (in 2017: $0.5 million);
  • aluminum oxides and hydroxides — $0.5 million (new position);
  • other pharmaceutical products — $0.5 million (as of 2017: $0.6 million);
  • hair products — $0.5 million (according to the results of 2017 — $0.2 million);
  • cellulose and its derivatives — $0.5 million (in 2017: $1.0 million);
  • hand tools, pneumatic, hydraulic or with a built-in engine — $0.5 million (as of the end of 2017: $0.4 million).

 

This article has been prepared on the basis of information provided by the National Centre for Marketing and Price Study of the Ministry of Foreign Affairs, and the Embassy of the Republic of Belarus in Brazil, and taken from public sources. The information presented herein is for informative purposes only. In this regard, it may be useful for the companies, which have been working in Brazil for a long time, as well as for those, which are going to enter this market. Any questions, feedbacks and comments concerning this article are welcome. All of them will be fully considered and taken into account, if possible. If you have any information that may be interesting and useful for the visitors of this page, please write to us.

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