Foreign investment in Brazil falls to lowest level since December 2021
After a period of resurgence in May, the inflow of foreign investment in Brazil's production sector experienced a decrease in...
July 26, 2023Topic
economic news Brazil
Fitch improves Brazil’s credit rating for the first time since 2018
Credit rating agency Fitch has upgraded Brazil's long-term credit rating from BB- to BB due to better-than-expected fiscal performance and...
July 26, 2023
Brazil’s external accounts with deficit of US$843 million in June, offset by direct investment of US$1.9 billion
In June 2023, Brazil's external accounts experienced a deficit of US$843 million, a stark contrast from the surplus of US$...
July 26, 2023
Braskem increases production of bioplastics and aims for 25% portfolio share by 2030
São Paulo-based Braskem, the largest petrochemical company in Latin America, is escalating the production of its circular products that utilize...
July 24, 2023
Brazil strengthens its trade relations with Asian countries outside China
Brazil is increasingly engaging with Asian markets outside China, with trade growth notably seen in the ASEAN countries.
July 24, 2023
Projected record trade surplus of US$86.472 billion for 2023 in Brazil
The Brazilian Foreign Trade Association (AEB) anticipates a significant trade surplus of US$ 86.472 billion for 2023. This projection arises...
July 20, 2023
Eve Air Mobility establishes first eVTOL production facility in Brazil’s São Paulo state
Eve Air Mobility, a subsidiary of Embraer, has disclosed plans to establish a production facility for their electric vertical take-off...
July 20, 2023
Brazilian mining sector records 6% growth in H1 2023
In the first half of 2023, the Brazilian mining industry reported a 6% increase in revenue and tax collection compared...
July 20, 2023
Brazil’s VP advocates sustainable industrialization and local semiconductor production
Brazil's Vice President, Geraldo Alckmin, recently stressed the importance of sustainable reindustrialization, specifically focusing on developing Brazil's domestic semiconductor industry.
July 19, 2023