• Brazil (one of the BRIC Countries) is the main economy in Latin America

• GDP of U$ 1,067 trillion (2007)
• Population: 190 million inhabitants (5th largest wordlwide),

• It has the largest territory in the region and the fifth largest worldwide (8.5 million square meters)

• Language: Portuguese

• Currency: Real (R$) (1 U$ = 1,59 R$)

• Brazil has large mineral reserves of iron, bauxite, copper, nickel, manganese, uranium and other ores.

• Recent discoveries of oil offshore should rank Brazil among the 10 countries with largest oil reserves worldwide.

• Brazil is a major exporter of aircraft, machinery, iron ore, steel, textiles, footwear, beef, tropical fruits and agricultural commodities.

• Brazil also has had a very successful program to use ethanol (sugarcane -derived) as a fuel in the automotive industry. Ethanol program has been successfully operating for more than 30 years.

• 80 % of the power consumed in Brazil comes from Hydroelectricity (which is a clean source of energy).

• In the oil sector, Brazilian Petrobras ranks 14th among the largest global oil companies. Petrobras distinguishes itself as a leader in deep water exploration. Petrobras´ 2007 net earnings were near U$ 80 billion.

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