The largest country in Latin America by landmass, encompassing almost half the continent, Brazil is a vibrant country with a developing economy. The capital of Brasília was built in the mid 20th century to move the seat of government away from its previous home of Rio de Janeiro, with the intention of reducing the concentration of power and wealth in Brazil’s major coastal cities.
Brazil was a colony of Portugal from the 16th to the early 19th century, and was formally recognised as the independent Empire of Brazil in 1825. Portuguese is the most widely spoken language across the country and most market research needs to be conducted in Portuguese since less than 5% of the population speaks English. Face-to-face market research in Brazil is mostly concentrated in São Paulo but FieldworkHub also has capabilities in other cities, including Rio de Janeiro, Belo Horizonte and Fortaleza.
The services sector makes up 73% of Brazil’s economy, with financial services a particular strength. Although manufacturing only accounts for 21% of the country’s GDP, it is still the second-largest manufacturing economy in Latin America after Mexico. Key aspects of Brazil’s manufacturing industry include cars, steel, petrochemicals and aircraft.
6% of the country’s GDP is based around agriculture, and it has been the world’s largest producer of coffee for 150 years. 60% of the Amazon rainforest lies within Brazil’s borders, making it the most biodiverse country on Earth. Brazil is an important exporter of agricultural products such as beef, coffee, cotton, corn, rice, soya beans, wheat and sugar.