In addition, a duo of large multinational financial institutions–Banco do Brasil and Banco Bradesco–service and support international trade transactions made by exporters.
To give some international trade perspective on recent company performance, the overall value of Brazilian exports rose by 6.6% from US$225.1 billion in 2014 to $239.9 billion during 2018. Year over year, Brazil’s total exported goods appreciated by 10.2% from 2017 to 2018.
In the analysis below, we compare Brazil’s top 10 exports-oriented companies based on asset values, sales and profitability as of December 2018. Also presented is the Brazilian city where each business has its headquarters.
Brazil’s Top 10 Major Export Companies
- Assets
- Sales
- Profit
- Headquarters
Assets
Below are Brazil’s biggest export-oriented companies organized by asset value. Shown within parentheses is the primary industry in which each company operates. Also shown is the change in asset value as of December 2018 compared to 2017.
- Banco do Brasil (regional bank): US$412.8 billion, down -4.1% from 2017
- Banco Bradesco (regional bank): $370.5 billion, up 2.2%
- Petrobras (oil, gas): $248 billion, up 0.3%
- Vale (iron, steel): $94.4 billion, down -4.8%
- JBS (food processing): $32.8 billion, up 3.8%
- Cielo (payment systems): $25 billion, up 166.5%
- Itaúsa (industrial conglomerate): $19.8 billion, up 9.2%
- Braskem (specialized chemicals): $16.1 billion, up 1.4%
- Metalurgica Gerdau (iron, steel): $15.4 billion, down -8.4%
- BRF (food processing): $14.2 billion, up 3.2%
Seven of these large Brazilian exporters grew their asset base from 2017 to December 2018, led by payment systems provider Cielo via its 166.5% increase. In second place was industrial conglomerate Itaúsa (up 9.2%) trailed by food processor BRF (up 3.8%).
The three asset decliners were two iron and steel producers namely Metalurgica Gerdau (down -8.4%) and Vale (down -4.8%) as well as Banco do Brasil (down -4.1%).
Sales
Profit
Headquarters
Note: Some of the above company offerings may include products or services other than the principal category shown within parenthesis under the Assets tab.
For example, Itaúsa is an industrial conglomerate that operates not only in manufacturing but also in the financial services sector including commercial banking and consumer credit. Itaúsa makes a range of items such as wood products, bathroom fixtures and furniture fittings.
See also Brazil’s Top 10 Exports, Brazil’s Top 10 Imports and Top Brazilian Trade Balances
Research Sources:
Data.World Forbes Global 2000 2016 , Spreadsheet for 2016 Global 2000 rankings. Accessed on October 10, 2019
Forbes Global 2000 individual company profiles, Example of top Brazilian company compiled for this study: Itaúsa. Accessed on October 10, 2019
Forbes Global 2000 rankings, The World’s Biggest Public Companies for Brazil. Accessed on October 10, 2019
International Trade Centre, Trade Map. Accessed on October 10, 2019
Wikipedia, Category: Companies of Brazil. Accessed on October 10, 2019
Wikipedia, List of companies of Brazil. Accessed on October 10, 2019