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Official Name

The Federative Republic of Brazil

Head of State

Luiz Inácio Lula da Silva

Capital

Brasília

Major Cities

São Paulo, Rio de Janeiro, Salvador, Belo Horizonte

Land Area

8.5 million km2

Climate

Tropical

Official Language

Portuguese

Population

178.4 million (2003; UN)

Religion

Roman Catholic

Currency

The Real (divided into 100 centavos)

Exchange Rate

US$1= R$2.96 (as at April 2004)

GDP

US$ 700 billion (est. for 2002)

GDP Growth Rate

3% (2000); 1.5% (2001)

GDP Per Capita Income

US$ 4,000 (2001)

Total Exports(FOB)

US$ 60.36 billion (2002)

Main Exports

  1. Aircraft
  2. Iron ore
  3. Soya bean grains & its by products
  4. Motor vehicles
  5. Transmission apparatus
  6. Footwear
  7. Paper and Cellulose
  8. Coffee
  9. Autoparts
  10. Auto engines
  11. Orange juice
  12. Meat & edible meat offal
  13. Tobacco
  14. Steel and aluminium products
  15. Sugar

Main Destination of Exports

  1. USA
  2. China
  3. the Netherlands
  4. Argentina
  5. Germany

Total Imports (FOB)

US$47.23 billion (2003)

Main Imports

  1. Electrical machinery & equipment & parts
  2. Nuclear reactor, boilers, machinery & mechanical appliances
  3. Mineral fuels, mineral oils and products of their distillation
  4. Vehicles, parts & accessories
  5. Plastics and articles thereof
  6. Optical, photographic, medical & surgical instruments, parts & accessories
  7. Pharmaceutical products
  8. Fertilizers
  9. Cereals (wheat)
  10. Aircraft, spacecraft and parts thereof

Origin of Imports

USA (23.1%)
Argentina (12.3%)
Germany (7.92%)
Japan (5.3%)

Total Foreign Debt

US$215,415 million

Inflation Rate

7.5% (2001)

Foreign Reserves (excluding gold)

US$43.37 billion

Membership in International Organisations

UN, IMF, World Bank, OAS, ILO, WHO, WTO,Inter-American Development Bank (IDB), G15 and others

Trade Agreements

MERCOSUL,
LAIA, (Latin American Integration Association,
NAFTA,
GSTP (Global System of Trade Preferences),
WTO

Time Difference

3 hrs behind GMT (Eastern Brazil)
4 hrs behind GMT (Western Brazil)
11 hrs behind Taiwan

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