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Brazil's wide territorial extension allows for countless possibilities with regard to economic activities.
Brazil develops activities in its territory of the primary, secondary and tertiary sectors. The latter is the highlight of the country, accounting for more than half of its Gross Domestic Product (GDP) and the generation of 75% of its jobs.
Production through the exploitation of nature resources. We can cite as examples: agriculture, mining, fishing, livestock, plant extraction and hunting. It is the primary sector that supplies the raw material for the manufacturing industry.
It is the economy sector that transforms raw materials (produced by the primary sector) into industrialized products (clothing, machinery, automobiles, processed foods, electronics, homes, etc.). As there is technological knowledge added to secondary sector products, the profit obtained in marketing is significant. Countries with a good degree of development have a significant economic base concentrated in the secondary sector. The export of these products also generates wealth for the industries of these countries.
Economic sector related to services. Services are non-material products that people or companies provide to third parties to meet certain needs. Economic activities in this sector include: commerce, education, health, telecommunications, computer services, insurance, transportation, cleaning services, food services, tourism, banking and administrative services, transportation, etc.
The tertiary sector is remarkable in countries with a high degree of economic development. The richer a region is, the greater the presence of tertiary sector activities. With the process of globalization, which began in the twentieth century, the tertiary sector was the most developed sector of the economy in the world.
Brazil is a country with a solid economy, exporting a wide variety of products, a fact that strengthens the economy. The activities of agriculture, industry and services are very active and contribute to the growth of GDP (Gross Domestic Product).
Contribute to the economic growth of the country
- Main agricultural products produced in Brazil: coffee, orange, sugar cane (sugar and alcohol production), soy, tobacco, corn, mate.
- Main livestock products: beef, chicken, pork.
- Main ores produced: iron, aluminum, manganese, magnesite and tin.
- Major Service Sectors: telecommunications, road transport, business professionals, cargo transportation, building and home cleaning, information technology, air transport and food.
- Major industrial sectors: food and beverage, chemicals, vehicles, fuels, basic metallurgical products, machinery and equipment, plastic and rubber products, electronics, and paper and pulp products.
Main products that Brazil exports
- Iron ore, steel, soy and derivatives, automobiles, sugar cane, airplanes, beef, coffee and chicken meat.
Coffee produced in Brazil is exported to many countries
Main products that Brazil imports
- The most imported products in the country are: crude oil, electronics, vehicle parts, medicines, automobiles, fuel oils, natural gas and aviation engines.
Some chemicals are imported from Brazil.
Trade organizations to which Brazil belongs
Brazil, together with Argentina, Uruguay and Paraguay, forms the economic bloc called Mercosur (Southern Common Market). In addition to this economic bloc, Brazil also integrates WTO (World Trade Organization) and the Unasur - Union of South American Nations (integration between the countries of South America).