Brazil
On this page you will find beneficial information regarding foreign direct investment in / trading with Brazil. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Federal Republic
Population: 214.33 million (2021)
GDP: 1.609 trillion USD (2021)
Corporate Tax Rate: 15%
Personal Income Tax Rate: 0% - 27.5%
Major Exports: Iron Ore ($46.2B), Soybeans ($39B), Crude Petroleum ($30.7B), Raw Sugar ($10B), and Poultry Meat ($7.66B), exporting mostly to China ($88.3B), United States ($30.2B), Argentina ($12B), Netherlands ($9.29B), and Chile ($7.14B)
Major Imports: Refined Petroleum ($13.1B), Motor vehicles; parts and accessories (8701 to 8705) ($7.58B), Vaccines, blood, antisera, toxins and cultures ($6.4B), Mixed Mineral or Chemical Fertilizers ($6.37B), and Petroleum Gas ($5.72B), importing mostly from China ($53.8B), United States ($39.3B), Germany ($12.4B), Argentina ($11.2B), and India ($6.77B).
Investment Agency: Apexbrasil
Website: http://www.apexbrasil.com.br/
National Chamber of Commerce: Brazilian National Confederation of Industry
Website: https://www.cnc.org.br/
Customs Agency: Receita Federal do Brasil (RFB)
Website: https://www.gov.br/receitafederal/
