Brazil: Macroeconomic Profile - Industrial Production
Article Index
Overall, manufacturing has been the most dynamic field in the industrial sector, representing 20% of the Gross Domestic Product in 1993. Looked at from the standpoint of added value, the structure of manufacturing in 1992 presented the following sectorial distribution:
Structure of industrial production in Brazil (1992)
|
Sector |
Contribution (%) |
|
Foodstuffs, drinks and tobacco |
15 |
|
Textiles and clothing |
11 |
|
Machinery and transportation equipment |
22 |
|
Chemical products |
14 |
|
Other sectors |
38 |
|
Total |
100 |
Source: IBGE
Turning to the energy sector, the country is now able to produce enough oil to satisfy 60% of its requirements, compared to only 20% during the 1970s. As new hydroelectric stations come on line, more electric energy is being produced.
The infrastructure in the telecommunications and transport sectors continues to expand and the privatization process is well under way.