Latin America’s largest country and economy is ranked eighth in the entire world by GDP and purchasing power parity (PPP).
The following is a brief for companies in or considering entry into the vast Brazilian market and the need for a reliable translator to convert Portuguese-language documents into English for greater business success.
Brazil Facts Capsule
Focus Economics writes in its latest report that the economic recovery is well underway. 
An OECD report indicated a weak 1% growth in the economy in 2017. 
The Brazilian economy is characterized by a mixed economy that relies on import substitution to achieve economic growth and is heavily influenced by commodity prices.
Brazilians go to the polls this year to choose a new president after a rough and tumble term that began with Dilma Rousseff forced from office because of a widening corruption scandal.
Current President Temer has tried to effect some reforms amid his own corruption issues.
Brasilia has continued to spend money that helped to push public debt to 70 percent of GDP at the end of 2016, up from 50 percent in 2012. 
Trade is moderately important to Brazil’s economy; the combined value of exports and imports equals 25 percent of GDP. 
Uncertainty of the October elections and the sluggish economy are factors for investors going forward to find their own niche in the largest consumer market in Latin America.
Brazil and Florida
Brazil is Florida’s largest trade partner with bilateral trade of $19.8 billion in 2017, an increase of 9.4 percent over 2016. 
US Foreign Direct Investment in Brazil increased by 4742.50 USD Million in February of 2018. 
Florida and Brazil share deep economic and social roots which nourish their bilateral relationship.
Hundreds of thousands of Brazilian expats crowd into Orlando, Tampa, and Miami.
Brazilians make up the third largest group of tourists passing through the Orlando International Airport. 
The cultural affinity between the two states only adds to the impetus of Florida companies to invest in Brazil.
At the moment, Florida companies send Florida mostly technology — from consumer tech to aircraft — and fertilizer.
Is your company considering or currently involved in international business in Brazil?
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Internet research in the Mexican web to learn about local conditions direct from the source and in the Portuguese language.
Work 1-on-1 with your personal translator – Professor Winn – for a confident, hands-on partner to help facilitate your business growth in Brazil.
If you are pursuing business in Latin America, make sure you have a reliable and experienced translation partner at your side.
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