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India - Brazil Business and Cultural Council

Brazil is the largest country in South America, known for its Amazon rainforest, vibrant cities like Rio de Janeiro and São Paulo, diverse culture, famous Carnival festival, and powerful economy. Portuguese is the official language.

Ambassador and Consul General

The Global India Business Forum (GIBF) team had the opportunity to meet H.E. Kenneth Felix Haczynski da Nobrega, Ambassador of the Federative Republic of Brazil to the Republic of India, and to share about GIBF’s extraordinary work for strengthening trade and cultural relations between India and other countries through its various activities. Founder and Global President of GIBF, Dr. Jitendra Joshi and Co-founder and Secretary General Deepali Gadkari spoke at length with the ambassador about all the activities. They also presented GIBF’s Honorary Membership memento to him. The ambassador assured his embassy’s cooperation in GIBF’s endeavours.
The GIBF team also met Mr. Angelo de Queiroz Mauricio, Agricultural Attache, Ministry of Agriculture, Livestock and Food Supply of Brazil, and Mr. Bruno B. They informed about GIBF’s aims and work done in uplifting global economies. Mr. Angelo assured all the support from his ministry to GIBF’s endeavours.

Exports

Vegetable oil, Crude Petroleum, Sugar, Iron Ore, Alcoholic Beverages

Imports

Petroleum products, Agro Chemicals, Drug Formulations, Biologicals, Auto Components, Residual Chemicals

About Brazil

Brazil, officially known as the Federative Republic of Brazil, is the largest country in both South America and Latin America. The reason why this country is the largest is because the total land area of this country is 8.5 million sq. km. The country has a population of 211.42 million people as of 2020 and the capital of Brazil is Brasilia, with the largest city being Sao Paulo. The official language spoken in Brazil is Portuguese and the currency used in Brazil is Brazilian Real. A major part of the population practices Christianity as their religion. The country gained its independence from Portuguese rule on September 7, 1822 and is a member of many international government bodies such as the UN, the G20, BRICS, Mercosul, Organisation of American States, Organisation of Ibero-American States and the Community of Portuguese Language Countries.

Business Opportunities Brazil

Brazil is blessed with abundant natural resources such as iron ore, tin and phosphate. In fact, the country is the world’s largest producer of these metals. Also, Brazil has large deposits of diamonds, manganese, chromium, bauxite, copper and many other metals. Moreover, the country is an export-driven economy and hence attracts large amounts of exports from all over the world. Tourism is another important sector of the Brazilian economy as the country organizes Rio carnivals which are famous across the world. These carnivals pull in huge tourist crowds. Brazil is also one of the largest producers of sugarcane, acai, oranges and Brazil nuts. Furthermore, Brazil has been the world’s largest producer of coffee for more than 150 years! All these sectors have a huge potential to attract lucrative business opportunities in Brazil from countries all over the world as these commodities are always highly demanded by customers across the globe. Tourism is another Import sector of Brazilian economy as country organizes Rio Carnivals which are famous across the world. Hence Tourism is abundant business opportunity for country.

Exports and Imports in Brazil

In June 2024 Brazil exported $29B and imported $22.3B, resulting in a positive trade balance of $6.71B. Between June 2023 and June 2024 the exports of Brazil have decreased by $-557M (-1.88%) from $29.6B to $29B, while imports increased by $2.81B (14.4%) from $19.5B to $22.3B.

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Top Exports of Brazil

In June 2024, the top exports of Brazil were Soybeans ($6.13B), Crude Petroleum ($3.72B), Iron Ore ($2.59B), Raw Sugar ($1.54B), and Refined Petroleum ($1.05B).

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Top Imports of Brazil

June 2024 the top imports of Brazil were Cars ($1.98B), Refined Petroleum ($1.3B), Gas Turbines ($667M), Crude Petroleum ($620M), and Motor vehicles; parts and accessories ($619M).

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Global India Business Forum - Brochure

The GIBF brochure gives you comprehensive insight of all the events and programs that we have conducted over a period of time. Download

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