SENSITIVE RISK
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
Economic risk
Business environment risk
Political risk
Commercial risk
Financing risk
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GDP | USD 1840bn (World ranking 9, World Bank 2019) |
Population | 211 mn (World ranking 6, World Bank 2019) |
Form of state | Presidential republic |
Head of state |
Jair Bolsonaro (President) |
Next elections | 2022, presidential and legislative |
(% of total)
Exports | Rank | Imports |
---|---|---|
China
21%
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1 |
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United States
13%
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2 |
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Argentina
7%
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3 |
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Germany
4%
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4 |
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Japan
3%
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5 |
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(% of total)
Exports | Rank | Imports |
---|---|---|
Oil seeds and oleaginous fruits
11%
|
1 |
8%
Petroleum, petroleum products and related materials
|
Metalliferous ores and metal scrap
10%
|
2 |
7%
Electrical machinery, apparatus and appliances, n.e.s.
|
Meat and meat preparations
8%
|
3 |
7%
Road vehicles
|
Petroleum, petroleum products and related materials
6%
|
4 |
6%
Other industrial machinery and parts
|
Road vehicles
6%
|
5 |
6%
Organic chemicals
|
Low
Medium
Sensitive
High
Payments
Court proceedings
Insolvency proceedings
Payments
Court proceedings
Insolvency proceedings
Given the length and cost of legal actions in Brazil, chances of obtaining enforceable judgments in a timely manner are low and it is preferable to consider amicable arrangements and specialist debt collection methods as a means to avoid domestic courts.
When it comes to insolvent debtors, use of the company rescue mechanisms is increasing; in practice, however, the chances of recovering debt remain extremely low.
12 April
We find 7 Emerging Markets are particularly vulnerable to an eventual tapering of monetary policy by the US Fed.
07 April
In 2021, Latin American countries could be holding "excess" FX reserves of around 8.8% of GDP, with an opportunity cost to economic activity as high as 0.7% of GDP.
01 April
The pace of vaccination campaigns will drive a multi-speed recovery, keeping divergence high.