An insightful report has been put together to help companies assess the various opportunities available in Brazil.
Produced by UK Trade & Investment’s Lorraine Ellison, for the International Business Network, together with Rav Panesar, international market research officer from Business Link West Yorkshire, the report also examines the resources necessary to target this emerging market.
Brazil is the UK’s most important trading partner in Latin America, with two-way trade in 2005 reaching in excess of US$5 billion and UK exports alone attributing to US$1.2billion.
It is also the largest and most populous country in Latin America and fifth largest in the world. The UK – Brazil JETCO (Joint Economic Trade Committee) agreement, coupled with infrastructure development has seen an increase in activity between UK and Brazil.
The report highlights that Brazilians are keen to do business with the UK and are seeking genuine alternatives to offerings from the USA and Germany. UK companies have technology that is of interest to the Brazilian market and in some cases cost is not a barrier for the right solutions.
To find out more about the opportunities in Brazil view the full report.