Essay on A.G Barr Market Entry Plan For Brasil
General Information about host country
Brazil is the world’s fifth-largest country in terms of land mass and population. The near 200 million …show more content…
With a gross domestic product (GDP) of US$ 2,223 trillion in 2012, Brazil is the world’s seventh wealthiest economy. Wholesale and retail trade accounts for 13% of total GDP. Gross Domestic Product in Brazil expanded 3.30 percent in the second quarter of 2013.
Brazil’s GDP per capita in 2012 was US$ 11,339.52, ranking them 60th in the world. This can be compared to China; their GDP per capita was US$ 6,091.01. China, in the same International monetary fund research were ranked 87th. Brazil’s GINI coefficient has seen a decline in inequality over the recent decades in Brazil. 21.4% of the population of Brazil are said to be living in poverty.
Brazil’s natural resources are coffee, iron ore, sugar-cane ethanol, oranges, deepwater oil, cattle, soybeans, aluminium and water and hydroelectric power. These natural resources have propelled Brazil’s nation of near 200 million people to the top level of global markets. Brazil’s economy has soared from the 16th largest