Exporting to Brazil

Brazil. Federative Republic of Brazil

Export opportunities for Spanish companies in Brazil

Strengths

  • Brazil is the leading economy in Latin America.
  • The potential of its domestic market is enormous, with half of the population considered to be middle class.
  • Democratic and stable government.
  • Positive macroeconomic indexes thanks to rigorous policies and controls by the government and the Central Bank of Brazil.
  • Diversity and abundance of natural resources.
  • Country receptive to companies and people of Spanish origin.

Weaknesses

  • The high interest rate restrains domestic investment and slows down growth.
  • The justice and tax systems are complex mechanisms with little flexibility.
  • Major inequality persists in the distribution of income.
  • Low qualitly of public services, health, infrastructures and urban safety.

Investments

  • Organiser of the 2014 Football World Cup and the 2016 Olympic Games.
  • Opportunities in the oil and gas sector due to the discovery of Pre-Salt oil fields and deep-water crude extraction.
  • Special economic areas exist with governmental incentives.
  • Fourth largest worldwide receiver of direct foreign investment in 2012.

Outlook

  • The growth outlook for the GDP for 2014 points to around 2%.
  • High interest rates, currently at 10.50% p.a., with a forecast that 2014 will close at 11% p.a.
  • Prospects for growth in infrastructures, the energy sector and consumer goods.

 

Contact

Brazil

Edificio Faria Lima Premium
Diogo Moreira, 132
7º andar – conj.707-710 Pinheiros
05423-010Sao Paulo

Contact details
Manager: Marcelo Define
Tel.: (+55) 11 30959266

 

Contact

Form of government

Federal republic

Official language

Portuguese

Currency

Brazilian real (BRL)

Exchange rate

1 euro = 3.24 reais (December 2013)

Religion

  • Catholicism (64.6%)
  • Evangelism (22%)
  • Protestantism (13.4%)

Population

200 million (2013)

Time difference

Brazil has 4 time zones:

Eastern Brazil: UTC -2

Western Brazil: UTC -5

Western Interior States: UTC -4

Coast and Eastern Interior States: UTC -3

Banco Sabadell in Brazil

Brasil_contacto

Lourdes Gulart and Marcelo Define (Manager).

 

Experience

Banco Sabadell began its activities in Brazil over 20 years ago. Since then, it has developed an extensive network of correspondence with the country’s financial institutions. This has allowed it to familiarise itself with the regulatory framework that determines the functioning of the financial system in Brazil.
The representative office has been a reference point for companies interested in developing commercial or investment activities in Brazil. Banco Sabadell enjoys recognition and respect in the Brazilian market thanks to its reliability, professionalism, and the quality of its services.

Services

  • Banco Sabadell in Brazil possesses great knowledge of the local market, thus allowing it to offer guidance to companies in taking their first financial steps in the country.
  • Qualified advice on commercial operations: export and import of products to and from abroad, and direct investment of capital from Spanish companies.
  • Support for the subsidiaries of Spanish companies established in Brazil, for local companies with investments in Spain and for local companies that conduct foreign commerce operations with Spain.