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Learning unit: Foreign trade and business in Minas Gerais (Brazil). Syllabus:
- The State of Minas Gerais. Belo Horizonte.
- The Economy of Minas Gerais.
- International trade of Minas Gerais.
- Business opportunities in Minas Gerais.
- Case study: Vale. CEMIG. |
Courses and Masters
Course business in South America - Master America
Course learning materials
 Brasil
 Brasil |
Course summary: trade and business in Minas Gerais
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Minas Gerais is the 2th most industrialized state in Brazil.
- Minas Gerais is the 2th biggest car maker of Brazil (24.4% of the production
of Brazil).
- Minas Gerais produces 44% of
mineral
production of Brazil and 35% of the Brazilian steel.
- Minas Gerais is the 4th biggest manufacturer of footwear in Brazil.
- Minas Gerais is the leader in the Brazilian ranking of coffee production.
- Minas Gerais has
the
longest network of roads of Brazil.
International trade of Minas Gerais:
- Top export products of Minas Gerais:
Non agglomerate iron ore and its concentrates, Non toasted coffee, Non linked
raw iron cast, Gold bars, threads, solid sec. profiles,,
Wood chemical paste (cellulose), Automobiles, ignition engine,
Iron/steel, Semi-manufactured products ...
- Main export destination markets:
People's Republic of China, Germany,
United States,
Argentina, Japan, Holland, Italy,
Korea, South Republic, Belgium, United Kingdom ...
- Main export companies of Minas Gerais: Vale, Companhia
Brazileira de Metalurgia e Mineração, Gerdau Açominas, Fiat Automóveis,
Mercedes-Benz do Brazil, Cenibra, Usiminas Acesita, ArcelorMittal Brazil,
Nacional Minérios.
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Major Industry Sectors in Minas Gerais:
- Metallurgy: 37% of the steel production in Brazil.
- Iron: biggest manufacturer and exporter (42.4%).
- Foundry: 27.5% of the Brazilian production (40% of this is exported)
- Cement: Major Brazilian manufacturer (28% of Brazil)
- Machinery and Equipment: 15% of gross domestic production
- Agro-Industry: 1º coffee manufacturer in Brazil, 2nd of bean and 2º of sugar in 2009.
- Mineral Extraction: 44% of the production of Brazil.
- Vehicles: automotive hub in Brazil (24% of Brazilian production).
- Food Products: 14.700 companies and 151 500 employees.
- 14.1% of electric power generation capacity of Brazil is in Minas Gerais. Minas Gerais has the biggest energy company in South America:
Cemig (Companhia Energética de Minas Gerais).
Belo Horizonte is the capital of Minas Gerais, is the 3th biggest
metropolitan area in Brazil. The service sector stand for 85% of the
Gross domestic product (GDP) of Belo Horizonte. |
Example of the course doing business in Minas Gerais:
Vale is the 2th biggest mining company in the world and the biggest
private company in Latin America. Headquartered in Brazil and operating in 38
countries, Vale employs 126,000 people. In 2011, sales
to Asia represented 52.8% of total revenues, lightly below 53.3% in 2010. The share of
exports to customer in the Americas was 25.2%, up from 23.6% last year,
owing to augmented sales to the United States and Brazil.
The Compahia Energética de Minas Gerais - Cemig, is a holding company integrated of 107 companies and 15 consortia, with
assets and companies in 22 states and the Distrito Federal in Brazil, and in
Chile. Cemig is responsible for
supplying 33 million people in 805 municipalities in the states of Minas Gerais
and Rio do Janeiro.
Borders of Minas Gerais: Bahía,
Espirito Santo,
Rio do Janeiro,
Sao Paulo, Mato Grosso do Sul and Goiás.
INDI (Minas Gerais State Integrated
Development Institute) is an ever open door to help business willing to set up a Company, make business or invest in any of Minas Gerais.
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