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

As of t🎉he end of 2019, Latin 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 industry ...

The effects of the COVID-19 pandemic influenced the performance of Brazil’s economy in 2020; the banking sector was no exception, reporting a drop in profitability w✨ith 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 Monthly Trade Survey, nominal sales revenue expanded by 10.8% y/y &n꧑dash; the fastest pace since the beginning of the survey. In real terms, ...

Brazil’s insurance s🌺ector continued to grow in 2019, 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 in 2019 with record-high new resident𓆉ial 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 economy, accounting for 5.1% of total GDP, 24.6% of t🌺otal export value and 3.7% of total employment in 2018. The recent econ💙omic and political ...

The year 2019 was a challenging one for the global automotive industry, which reported a 5.2% y/y decrease in motor&nb🐟sp;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, software 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 crude ste♚el producer in the world and the sixth leading net steel exporter in 2019 but also one of the top 20 primary ...