Importing from Brazil

Brazil Import Guide | Trade Finance Global

Importing from Brazil

Despite the recent economic downturn in Brazil, the country’s abundance of natural resources is expected to attract major investment in the next few years, especially in exploiting the country’s oil reserves. As a member of South America’s leading tariff-free trade bloc Mercosur, Brazil is also one of the emerging BRIC (Brazil, Russia, India and China) economies, predicted by Goldman Sachs to be one of the world’s most dominant by 2050.

Of the $247 billion in annual exports, the majority come from raw and agricultural materials such as iron ore ($33.4 billion), soybeans ($23 billion), crude petroleum ($13.2 billion) and raw sugar ($12 billion).

Importing from Brazil? Contact our local experts

1.00 GBP
British Pound
1.00 GBP = 4.2165 BRL
=
4.2165 BRL
Brazilian Real
1.00 BRL = 0.23716 GBP

Country Profile

CapitalFederative Republic of BrazilRepblica Federativa do Brasil(Portuguese) Flag Coat of arms Motto: Ordem e Progresso(Portuguese) (English: "Order and Progress") Anthem: Hino Nacional Brasileiro (English: "Brazilian National Anthem") Flag anthem: Hino Bandeira Nacional (English: "National Flag Anthem") National seal Selo Nacional do Brasil National Seal of Brazil Braslia
Population 208,007,000
Area 8,515,767  km2 (3,287,956 sq mi)
km2 (5th)
Currency Real (BRL)
GDP
Languages

-0.08

Econ Complexity 51st of 184
1980
2015

$195B

Exports 21st of 221
1980
2015

$170B

Imports 26th of 221
1980
2015

$15.4k

GDP Per Capita 77th of 184
1990
2015

Brazil: Exports Profile

Exports from Brazil

Exports from Brazil: $185.2  billion
Export commodities:Transport equipment, iron ore, soybeans, footwear, coffee, automobiles
Top export destinations:China 19%, European Union 18%, United States 12.6%, Argentina 7.2%, Japan 2.5%, Other 40.7%
GDP growth (annual %)

Importing from Brazil: What is trade finance?

Trade finance is a revolving facility which some banks and specialist lenders offer - it enables companies to buy products and can help ease the pressure from cashflow issues.

Typically, an alternative financier will fund up to 100% of the cost of the stock, including charges (e.g. shipping costs).

Trade finance offers added advantages over more traditional bank funding for example bridging mortgages or loans. Trade finance provides quick funding without affecting existing relationships with banks.

How does it work?

If you're a firm importing or exporting inventory around the world, then a trade finance facility would assist your company to fund this through offering a letter of credit (LC) or some form of cash advance.

I’m looking to import from Brazil, how can Trade Finance Global help, and how does it work?

If you’re looking to import goods from other international markets, you may need import finance, which is an agreement between yourself (the importer) and the foreign exporter. A alternative financier will act as the intermediary, paying the exporter on your behalf until you get the stock and have then sold them to your customer. Repaying the lender then happens over an agreed period of time.

Read the TFG Importers Guide here.

Importing from Brazil? Contact our local experts

Country Profile

CapitalFederative Republic of BrazilRepblica Federativa do Brasil(Portuguese) Flag Coat of arms Motto: Ordem e Progresso(Portuguese) (English: "Order and Progress") Anthem: Hino Nacional Brasileiro (English: "Brazilian National Anthem") Flag anthem: Hino Bandeira Nacional (English: "National Flag Anthem") National seal Selo Nacional do Brasil National Seal of Brazil Braslia
Population 208,007,000
Area 8,515,767  km2 (3,287,956 sq mi)
km2 (5th)
Currency Real (BRL)
GDP
Languages

-0.08

Econ Complexity 51st of 184
1980
2015

$195B

Exports 21st of 221
1980
2015

$170B

Imports 26th of 221
1980
2015

$15.4k

GDP Per Capita 77th of 184
1990
2015
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