Brazil’s oil and gas sector has been transformed by the discovery and development of the ♍abundant hydrocarbon reservoirs in the pre-salt offshore region, which started in 2006. A decade later, the country surpassed Mexico ...

As of the end of 2019, L🌳atin America and the Caribbean accounted for 19.0% of the world’s crude oil reserves and 4.1% of natural gas reserves, turning the region into a prominent player in the global oil and natural gas industr♎y ...

The effects of the COVID-19 p꧂andemic influenced the performance of Brazil’s economy in 2020; the banking sector was no exception, reporting a drop in profitability with return on equity down 3.1pp as of September 2020 compared to ...

The third quarter of 2020 was marked by a recovery of retail trade in Brazil. According to the IBGE Mo🧸nthly Trade Survey, nominal sales revenue expanded by 10.8% y/y – the f💝astest pace since the beginning of the survey. In real terms, ...

Brazil’s insurance sector continued to grow in 2019ꦐ, with total premiums reaching ♔6.7% of the country’s GDP. During the year, total insurance premium income rose by 9.9% y/y to BRL 489.1bn, posting its best performance in terms ...

Years after the 2015-2016 economic recession that profoundly changed the Brazilian construction sector, recovery progressed strongly ꩵin 2019 with record-high new residential building launches and sales, and a commitment by the new ...

The agriculture, livestock and fisheries sector in Brazil plays a key role in the domestic econ🐠omy, accounting for 5.1% of💟 total GDP, 24.6% of total export value and 3.7% of total employment in 2018. The recent economic and political ...

The year 2019 was a💫 challenging one for the global automotive industry, which reported a 5.2% y/y decrease in motor&n෴bsp;vehicle output, ending ten years of continuous growth. On the one hand, key markets reached maximum automobile ...

Brazil is a relevant player in the global IT market, accounting for 2.1% of the sales of hardware, sof༺tware and IT services worldwide in 2018. The country holds the ninth position globally, while ranking first regionally with a 42.8% share ...

Brazil is among the leading players in the global metal processing industry. The country was not only the ninth largest cr𝐆ude steel producer in the world✅ and the sixth leading net steel exporter in 2019 but also one of the top 20 primary ...