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

As of the 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 indust🀅ry ...

The effects of the COVID-19 pandemic influenced the performance of Brazil’s economy in 2020; the banking sector was no exception, reportiꦯng a drop in profitability with return on equity down 3.1pp as of September 2020 c𝔉ompared 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 – the fastest pace since the beginning of the survey. In real terms, ...

Brazil’s insurance sector 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 b꧟est 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 residential building launches and sales, and a comm🐼itment by the new ...

The agriculture, livestock and fisheries sector in Brazil plays a key role in the domestic economy, accounting for&n💜bsp;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 vehicle output, ending ten years of continuous growth. On the one hand, key markets reached maximum&😼nbsp;automobile ...

Brazil is a relevant player in the global IT market, accounting for 2.1% of the sales of hardware, software and IT s🎃ervi🔜ces 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 steel producer in the world and the sixth leading net steel exporter in 20ღ19 but also one of the top 20 primary ...