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In October 2024, the Minister of Development and Industry of Brazil, Márcio Elias Rosa, met with Sophie Primas, the Minister Delegate for Foreign Trade and Immigration of France. While there, they discussed issues of interest between the two countries. And in the words of Mr. Elias Rosa, “Brazil and France have a historic partnership, a […]
Trade between Brazil and the India is growing rapidly Considering that India has a population of around 1.41 billion people and Brazil has a population of 216 million, it is easy to understand the huge potential trade opportunity between the two countries. BRAZIL-INDIA TRADE In 2021, Brazil exported $4.9B to India. The main products that Brazil exported to India are Crude Petroleum ($2.23B), Soybean Oil ($776M), […]
Trade between Brazil and the United States is growing rapidly In 2021, bilateral trade between the U.S. and Brazil reached a new record of US$ 70.5 billion. The USA is the largest source of foreign direct investment for Brazil with more than R$ 639 billion (US$ 125 billion) in 2020. In addition, Brazilian companies continue […]
I have worked and lived in São Paulo for 20 years and it has been absolutely critical for me to understand Brazil business culture, in order to be successful at work. Brazil Business Practices Most businesses are hierarchical in Brazil and decision-making is usually controlled by the most senior management. In smaller companies, senior executives […]
Business culture in Brazil is the result of a veritable melting pot of the world and reflects multiple ethnic variations and diverse cultures. Immigration from Africa, Europe and Asia coupled with Brazil’s own indigenous origins have created a vast range of different traditions, beliefs, and physical appearances. Collectivism and Agency A collectivistic attitude and sense […]
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