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Korean Companies' Launch into the Brazilian Market through Korean Immigrants in Brazil economic relations, economic cooperation

Author Young Chul, Kim Series 07-12 Language Korean Date 2007.12.30

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Brazil has strengthened its economic fundamentals due to open market and stable macroeconomic policies. Domestic market and the exports are taking a favorable turn, stable economic growth has continued over the last few years. In the domestic market, consumer economy has expanded and consumer patterns have changed due to higher income level in recent years. Brazil`s exported goods were diversified from raw material goods to automobiles, machinery sectors and electrical machinery through diversification of export market. Under the new economic setting, both domestically and internationally, corporate investment is expanding not only in the traditional sector but also in various fields. Korean enterprises branch out to Brazil with the aim of securing an early dominance of the local market. (The rest is omitted.)

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