Brazil - trade Flashcards
How big is Brazil’s economy?
Has the 10th largest economy in the world
In 2005 what was its GDP per capita?
$8402
In 2000’s what was economic growth like?
Averaged 4-5%
How much of the population lives in poverty?
Just over 1/5, surviving on less than $2 a day
According to the Gini coefficient what is its income inequality?
56.7 compare with 34 in UK
How much of Brazils exports were with South,Central and North America and Europe?
Nearly 3/4
What % of imports were with South,Central and North America and Europe?
60%
What is south and Central America Brazils most important export market for?
Manufactured goods
What is trade with Brazil’s neighbours promoted by?
Membership of the MERCOSUR
What is the long term aim of MERCOSUR?
To create a free trade zone among its members similar to the EU
In 2007 what % of exports did primary products such as foodstuffs and mineral ores comprise?
47%
What are the main markets for Brazils primary products?
Europe and North America
How big are exports of commercial services?
Only amounted to 11.5% of all exports by value in 2006
What are Brazil’s imports for commercial services like?
In 2006, commercial services accounted for 1/5 of the total value of imports
