Brazil’s industrial sector falls from 9th to 14th in ranking of world’s largest in 15 years

With the structural change, say the specialists, Brazilian manufacturing status is going from small to irrelevant. By becoming even more susceptible to the instabilities of commodities, the country tends to maintain weak growth and create poorly paid jobs.

RIO DE JANEIRO, BRAZIL - In the last 15 years, Brazilian industry went from the 9th position, among the largest in the world, to the 14th. In the same period, the country's participation in global manufacturing fell almost by half: from 2.2% to 1.3%, according to the Institute for Industrial Development Studies (Iedi).

Among other problems, two strong and sequential crises - the one of 2015/2016 (during President Dilma Rousseff's government) and the one of 2020 (during the pandemic) - took away jobs, initiatives, innovation, and investments, which were so small that they were unable to replace the . . .

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