Brazil Industry Reports

Brazil is one of the largest countries in the world and, as such, it has a mature infrastructure sector across different transport modes including roads, railways, ports, waterways and airports. The local transport infrastructure sector has seen an ...

According to the Monthly Survey of Trade by Brazil's Statistics Office (IBGE), retail sales in Brazil increased by 2.4% y/y in volume terms in Q1 2023. Although the domestic economy did well in terms of overall economic activity, with GDP expanding ...

The food and beverages manufacturing sector is of great importance for Brazil's employment, value added and foreign trade revenues. According to March 2023 estimates from the Brazilian Association of Food Industries (ABIA), the sector achieved ...

The Brazilian Chamber of Construction Industry (CBIC) outlined that the sector should register a 2% y/y increase in its GVA in real terms for the entire 2023. In December 2022, the institution had forecast a growth of 2.5% for construction in 2023. ...

In 2022, Brazil was the 13th largest market in the world in terms of insurance premiums written, mainly due to its large population, according to a Swiss Re report. In terms of density, however, Brazil lags behind its regional peers and developed ...

According to the International Renewable Energy Agency (IRENA), Brazil ranked third globally in 2022 in terms of installed capacity of renewable energy sources, totalling 175,262 MW. This notable achievement is primarily attributable to Brazil's ...

The intrinsic potential of Brazil's tourism sector was clouded by the onset of the COVID-19 pandemic. The start of 2021 brought little relief to the sector, as in January of that year the mayors of Rio de Janeiro and Sao Paulo cancelled the carnival ...

The real estate (property) and construction industry in Brazil has faced challenges in recent years, primarily due to the impact of Operation Car-Wash, an anti-corruption initiative that directly affected the industry. However, there have been signs ...

In 2022, retail sales in Brazil rose by 1% y/y in volume terms, a relatively weak performance compared to the solid overall performance of the domestic economy, with GDP up by 2.9% y/y in real terms. Some of the sub-segments that achieved solid ...