Business in Espirito Santo, Brazil

The Subject “Foreign Trade and Business in Espirito Santo (Brazil)” belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Masters (MIB): International Business, Foreign Trade.

Doctorate (DIB): American Business, World Trade.

Learning materials in or Brasil Brasil Bresil.

Foreign Trade and Business in the State of Espirito Santo

The state of Espirito Santo has one of the highest economic growth rates in Brazil; Espirito Santo has the fourth-largest gross domestic product per capita in Brazil.

1. The Industry sector in Espirito Santo registered the highest growth rates in Brazil (+22,3%);
2. Vitória is the capital of the state of Espirito Santo; Vitoria has the highest per capita revenue among the Brazilian capitals;
3. In Espirito Santo operates the largest steel complex in the World; is the Brazilian leading steel slab producer;
4. Espirito Santo is the top short fiber white cellulose manufacturer and exporter in the World and third largest wood pulp producer in Brazil;
5. Espirito Santo is the largest Latin American marble and granite exporter;
6. Espirito Santo is one of the largest petrol and gas producers in Brazil; is the second largest petroleum manufacturer in Brazil;
7. Agribusiness takes up 40% of the economically active population of Espirito Santo and accounts for 30% of the gross domestic product;
8. Key sectors of Espirito Santo: petroleum and gas, steelmaking and mining, cellulose and ornamental stones;
9. Agriculture is also featured especially in coffee and fruit production, as well as metal processing, furniture making, clothing, civil construction and food companies;
10. Espirito Santo has a substantial number of export firms and some of the largest distribution centers in Brazil;
11. Borders of the state of Espirito Santo: Rio de Janeiro, Minas Gerais, and Bahia;
12. Espirito Santo is the Brazilian state with the highest percentage of descendants of Italians.

The holding company Coimex Empreendimentos e Participações (Coimexpar) manages all the investments of the Coimex Group. Tegma Gestão Logistics counts upon the stock participation of the Coimex Group in the controlling block and is one of the main companies in the logistics segment of Latin America.

Foreign Trade of Espirito Santo

1. 50% of the gross domestic product of Espirito Santo is related to the international trade;
2. The State of Espirito Santo is the most globalized state in Brazil;
3. There are four ports in the capital of Espirito Santo: Tubarão, Praia Mole, Vitoria and Vilha Velha as well as the Portocel, Ubu and Regencia;
4. The Port complex of Espirito Santo is the largest in Latin America. The port complex represents 9% of the total exports and 5% of the Brazilian total imports. The port complex is the responsible for 45% of the gross domestic product of the state of Espirito Santo;
5. Programme for Investment Incentive in Espirito Santo seeks to contribute to local production diversification, stimulating foreign direct investment (FDI).

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