The Top 10 Biggest Companies in Brazil
In 2009, the at-the-time emerging economies of Brazil, Russia, India, and China held their first formal summits as members of BRIC (with South Africa joining in 2010).
Together, BRICS represents 26.7% of the world’s land surface and 41.5% of its population. By GDP ranking, they’re also some of the most powerful economies in the world.
But what drives their economies? We’re highlighting the top 10 biggest companies in each country, starting with Brazil.
What Are the Biggest Public Companies in Brazil?
Brazil isn’t just one of the largest and most diverse countries in the world, it is also an economic powerhouse.
With over 213 million people, Brazil is the sixth most populous country on Earth and the largest in Latin America. It’s also the wealthiest on the continent, with the world’s 12th-largest economy.
Once a colony focused on sugar and gold, Brazil rapidly industrialized in the 20th century. Today, it is a top 10 exporter of industrial steel, with the country’s economic strength coming chiefly from natural resources and financials.
Here are Brazil’s biggest public companies by market capitalization in October 2021:
| Top 10 Companies (October 2021) | Category | Market Cap (USD) |
|---|---|---|
| Vale | Metals and Mining | $70.8B |
| Petróleo Brasileiro | Oil and Gas | $69.2B |
| Itaú Unibanco | Financial | $53.3B |
| Banco Santander Brasil | Financial | $50.5B |
| Ambev | Drinks | $44.8B |
| Banco Bradesco | Financial | $38.5B |
| WEG | Industrial Engineering | $31.2B |
| BTG Pactual | Financial | $27.0B |
| Rede D’Or Sao Luiz | Hospital | $24.7B |
| XP Inc. | Financial | $23.4B |
At the top of the (Read more...)