Brazil
Latin America · Brasília · BRL (Brazilian Real)
Tổng quan kinh tế & ngành
Brazil is the largest economy in Latin America and the ninth largest globally by nominal GDP, with output of approximately $2.3 trillion in 2025. The economy is diversified across services (roughly 63% of GDP), industry (18%), and agriculture (about 5%), with key export pillars including soybeans, iron ore, crude oil, beef, and poultry. The financial sector is well-developed, hosting large private banks and a fintech ecosystem that includes Nubank, one of the world's largest digital banks by customer count. Brazil is a leading global producer and exporter of commodities including iron ore (Vale), petroleum (Petrobras), and agricultural products, while also hosting significant industrial manufacturers such as WEG in electrical equipment and JBS in protein processing. The country recorded real GDP growth of approximately 2.5% in 2025 after 3.4% growth in 2024, with inflation of 4.26% finishing within the official target band.
Các ngành trọng điểm
📘 Tìm hiểu mọi thứ về Brazil →Vĩ mô
| GDP danh nghĩa, USD | $2.30T |
| Tăng trưởng GDP thực, hàng năm | 2.5% |
| Lạm phát hàng năm | 4.3% |
| Dân số người | 213.4M |
| GDP bình quân đầu người USD | $10,800 |
| Vốn hóa thị trường tổng niêm yết, USD | $956.00B |
| Vốn hóa thị trường / GDP | 41.5% |
| Công ty niêm yết | 463 |
| Sàn giao dịch | B3 – Brasil, Bolsa, Balcão (BVMF) |
Năm dữ liệu: 2025. Nguồn: IMF World Economic Outlook April 2026 (GDP figures), IBGE – Instituto Brasileiro de Geografia e Estatística (population, GDP growth, inflation IPCA 2025), Agência Brasil / EBC (GDP growth 2.5% 2025, inflation 4.26% 2025), companiesmarketcap.com – Largest Brazilian companies by market cap (USD figures, June 2026), CNN Brasil / InfoMoney / TimesBrasil (Itaú vs Petrobras market cap ranking end-2025), B3 official website b3.com.br (listed companies count, non-resident investor rules), CEIC Data (B3 market capitalization USD), iShares/BlackRock EWZ product page (expense ratio 0.59%), Franklin Templeton FLBR product page (expense ratio 0.19%), iShares ILF fact sheet March 2026 (expense ratio 0.47%), Vanguard VWO fund documentation March 2026 (Brazil allocation 5.1%), iShares EEM NPORT-P SEC filing 2025 (Brazil allocation ~3.2%), Interactive Brokers press release December 2025 (B3 access announcement), citizenremote.com / globalcitizensolutions.com / goldenvisas.com (VIPER program details 2025), oliveiralawyers.com / brazilbeachhouse.com (VIPER real estate minimums), B3 non-resident investor page (CVM Joint Resolution 13/2025 framework), brasiltax.com / riotimesonline.com (foreign investor account opening guide), stockanalysis.com (Nu Holdings ROXO34, BTG Pactual BPAC11 data), est. GDP per capita calculated from IMF GDP / IBGE population.
Tin mới nhất
Đang tải tin mới nhất…
Các thị trường Latin America khác
Các công ty niêm yết lớn nhất
Các công ty lớn nhất trên sàn giao dịch địa phương chính, theo vốn hóa thị trường.
| # | Công ty | Ngành | Vốn hóa thị trườngUSD | Niêm yết tại Mỹ |
|---|---|---|---|---|
| 1 | Petróleo Brasileiro S.A. - PetrobrasPETR4 · B3 - Brasil, Bolsa, Balcão (BVMF) | Energy | $126.00B | PBR |
| 2 | Itaú Unibanco Holding S.A.ITUB4 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $100.00B | ITUB |
| 3 | Vale S.A.VALE3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Materials | $56.00B | VALE |
| 4 | Ambev S.A.ABEV3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Consumer Staples | $38.80B | ABEV |
| 5 | WEG S.A.WEGE3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Industrials | $36.80B | — |
| 6 | Banco Santander (Brasil) S.A.SANB11 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $33.00B | BSBR |
| 7 | Banco BTG Pactual S.A.BPAC11 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $32.00B | — |
| 8 | Banco Bradesco S.A.BBDC4 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $30.00B | BBD |
| 9 | Itaúsa S.A.ITSA4 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $27.00B | — |
| 10 | Klabin S.A.KLBN11 · B3 - Brasil, Bolsa, Balcão (BVMF) | Materials | $24.50B | — |
| 11 | Banco do Brasil S.A.BBAS3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $23.00B | BDORY |
| 12 | Centrais Elétricas Brasileiras S.A. - EletrobrásELET3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Utilities | $20.80B | EBR |
| 13 | Telefônica Brasil S.A. (Vivo)VIVT3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Communication Services | $19.30B | VIV |
| 14 | Companhia de Saneamento Básico do Estado de São Paulo - SABESPSBSP3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Utilities | $17.10B | SBS |
| 15 | Rede D'Or São Luiz S.A.RDOR3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Health Care | $15.30B | — |
| 16 | JBS S.A.JBSS3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Consumer Staples | $15.80B | JBSAY |
| 17 | BB Seguridade Participações S.A.BBSE3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $14.20B | — |
| 18 | Equatorial Energia S.A.EQTL3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Utilities | $9.10B | — |
| 19 | B3 S.A. - Brasil, Bolsa, BalcãoB3SA3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $12.30B | BOLSY |
| 20 | Embraer S.A.EMBR3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Industrials | $12.20B | ERJ |
| 21 | Suzano S.A.SUZB3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Materials | $11.40B | SUZ |
| 22 | TIM S.A.TIMS3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Communication Services | $12.40B | TSU |
| 23 | Caixa Seguridade Participações S.A.CXSE3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $9.00B | — |
| 24 | CPFL Energia S.A.CPFE3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Utilities | $11.30B | CPL |
| 25 | Rumo S.A.RAIL3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Industrials | $5.50B | — |
| 26 | Prio S.A. (PetroRio)PRIO3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Energy | $9.60B | — |
| 27 | Eneva S.A.ENEV3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Utilities | $9.20B | — |
| 28 | Cosan S.A.CSAN3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Energy | $3.90B | CSAN |
| 29 | Raízen S.A.RAIZ4 · B3 - Brasil, Bolsa, Balcão (BVMF) | Energy | $5.80B | — |
| 30 | Localiza Rent a Car S.A.RENT3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Industrials | $8.60B | LZRFY |
| 31 | TOTVS S.A.TOTS3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Information Technology | $3.80B | — |
| 32 | Motiva Infraestrutura de Mobilidade S.A. (CCR)MOTV3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Industrials | $6.10B | — |
| 33 | Gerdau S.A.GGBR4 · B3 - Brasil, Bolsa, Balcão (BVMF) | Materials | $8.70B | GGB |
| 34 | Hapvida Participações e Investimentos S.A.HAPV3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Health Care | $1.10B | — |
| 35 | Companhia Siderúrgica Nacional - CSNCSNA3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Materials | $3.20B | SID |
| 36 | CSN Mineração S.A.CMIN3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Materials | $5.50B | — |
| 37 | Energisa S.A.ENGI11 · B3 - Brasil, Bolsa, Balcão (BVMF) | Utilities | $5.80B | — |
| 38 | Hypera Pharma S.A.HYPE3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Health Care | $3.50B | — |
| 39 | Ultrapar Participações S.A.UGPA3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Energy | $3.20B | UGP |
| 40 | EDP - Energias do Brasil S.A.ENBR3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Utilities | $3.00B | — |
| 41 | Atacadão S.A. (Carrefour Brasil)CRFB3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Consumer Staples | $3.50B | — |
| 42 | Assaí Atacadista S.A.ASAI3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Consumer Staples | $2.80B | ASAI |
| 43 | Multiplan Empreendimentos Imobiliários S.A.MULT3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Real Estate | $3.10B | — |
| 44 | Inter & Co, Inc.INBR32 · B3 - Brasil, Bolsa, Balcão (BVMF) | Financials | $3.90B | INTR |
| 45 | Vibra Energia S.A.VBBR3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Energy | $4.20B | — |
| 46 | Lojas Renner S.A.LREN3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Consumer Discretionary | $3.00B | — |
| 47 | Arezzo & Co S.A.ARZZ3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Consumer Discretionary | $1.80B | — |
| 48 | Tegma Gestão Logística S.A.TGMA3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Industrials | $800.00M | — |
| 49 | Fleury S.A.FLRY3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Health Care | $1.60B | — |
| 50 | DASA - Diagnósticos da América S.A.DASA3 · B3 - Brasil, Bolsa, Balcão (BVMF) | Health Care | $1.20B | — |
ETF giao dịch tại Mỹ
Các quỹ niêm yết tại Mỹ cung cấp tiếp cận thị trường này — lộ trình đơn giản nhất cho nhiều nhà đầu tư Mỹ.
| Mã cổ phiếu | ETF | Tổ chức phát hành | Phạm vi | Tỷ lệ chi phí% hàng năm | Mức độ tiếp cận% quỹ |
|---|---|---|---|---|---|
| FLBR | Franklin FTSE Brazil ETF | Franklin Templeton | Đơn quốc gia | 0.19% | 100% |
| EWZ | iShares MSCI Brazil ETF | BlackRock / iShares | Đơn quốc gia | 0.59% | 100% |
| VWO | Vanguard FTSE Emerging Markets ETF | Vanguard | EM diện rộng | 0.08% | 5% |
| ILF | iShares Latin America 40 ETF | BlackRock / iShares | Khu vực | 0.47% | 55% |
| EEM | iShares MSCI Emerging Markets ETF | BlackRock / iShares | EM diện rộng | 0.70% | 3% |
Sàn giao dịch địa phương & tiếp cận
| Sàn giao dịch | B3 – Brasil, Bolsa, Balcão |
| Mã | BVMF |
| Trang web | www.b3.com.br/en_us/ |
| Tiền tệ | BRL |
Tiếp cận qua môi giới địa phương
Interactive Brokers added direct access to B3 for eligible non-Brazil-resident clients in December 2025, allowing trading of Brazilian equities from international accounts on its standard platform alongside 160+ other markets. Saxo Bank lists B3 equities among its tradeable markets for international clients. XP Investimentos, BTG Pactual Digital, and Modalmais are leading local Brazilian brokers that accept non-resident individuals, though the account-opening process requires a CPF, proof of address, and relevant identity documents. Foreign individuals living in Brazil can open local brokerage accounts with any CVM-regulated broker; non-residents abroad typically use a foreign investor registration through a local custodian bank or broker acting as their legal representative under CVM Resolution 13/2022. Withholding tax of 15% (or 25% for residents in low-tax jurisdictions) applies to capital gains and dividends for non-residents.
Môi giới toàn cầu có tiếp cận thị trường nước ngoài
- Interactive Brokers — Direct access to 90+ markets worldwide, including many emerging exchanges.
- Saxo Bank — Multi-market access across Asia, Europe and the Middle East.
- Charles Schwab (Global) — Foreign ordinary shares on select markets; US-listed ADRs and ETFs.
- Fidelity International Trading — International stock trading on a number of developed and emerging markets.
Được liệt kê chỉ để tiện tham khảo — không phải khuyến nghị. Các thị trường có sẵn, phí giao dịch và quy định đăng ký khác nhau theo từng môi giới và quốc gia cư trú của bạn.
Di cư & cư trú
Visa đầu tư / chương trình cư trú
Trợ cấp Permanent residency
Brazil offers a residency-by-investment program under two frameworks: the VIPER (Permanent Residency Investor Visa), established under Resolution 36/2018 and operationalized by the Ministry of Tourism in 2025, and the VITEM IX temporary investor visa. Under the VIPER real estate pathway, the minimum investment is BRL 1,000,000 (approximately USD 200,000) for properties in the South, Southeast, and Center-West regions, or BRL 700,000 (approximately USD 140,000) for the North and Northeast regions. For business investment through company formation, the minimum is BRL 500,000 (approximately USD 100,000), reduced to BRL 150,000 (approximately USD 30,000) if the investment is in technology or innovation sectors with an approved business plan. The VIPER grants permanent residency directly, and citizenship can be applied for after four years of residency. There is no citizenship-by-investment program offering direct passport without residency.
Đầu tư tối thiểu: $100.00K
Cần hỗ trợ nộp đơn? Các chuyên gia tư vấn di trú đầu tư như Henley & Partners.
Tiếp cận của nhà đầu tư nước ngoài
Brazil has no general statutory prohibition on foreign ownership of listed equities on B3. Non-resident investors (individuals and institutions) may invest in Brazilian listed securities under the framework established by Banco Central do Brasil and CVM Joint Resolution No. 13 (effective January 1, 2025), which replaced the older Annex IV regime. Foreign investors must register with B3 as a non-resident investor and will require a Brazilian CPF (taxpayer identification number); as of 2025, B3 facilitates CPF issuance through an integration with the CVM registration system (SINCAD). Investors must use a locally licensed broker or custodian as their local representative. Currency conversions and remittances are handled through the FX market with registration at the Banco Central do Brasil. Certain sectors (rural land, media, coastal property) have foreign ownership restrictions at the company level, but these do not generally apply to exchange-traded securities.
ADR & niêm yết chéo tại Mỹ
Các công ty từ quốc gia này có cổ phiếu cũng giao dịch tại Mỹ — có thể đầu tư qua tài khoản môi giới Mỹ thông thường.
| Công ty | Mã cổ phiếu Mỹ | Mã cổ phiếu địa phương | Ghi chú |
|---|---|---|---|
| Ambev S.A. | ABEV | ABEV3 | NYSE-listed ADR for Latin America's largest brewer |
| Banco Bradesco | BBD | BBDC4 | NYSE-listed ADR; also BBD.A for ordinary shares |
| Banco Santander Brasil | BSBR | SANB11 | NYSE-listed ADR for Santander's Brazilian operations |
| Embraer S.A. | ERJ | EMBR3 | NYSE-listed ADR; world's third-largest commercial aircraft manufacturer |
| Gerdau S.A. | GGB | GGBR4 | NYSE-listed ADR; leading steel producer in the Americas |
| Itaú Unibanco Holding | ITUB | ITUB4 | NYSE-listed ADR for largest private LatAm bank |
| Nu Holdings (Nubank) | NU | ROXO34 | Primary listing on NYSE; B3 listing is a BDR (ROXO34), not a traditional ADR |
| Petróleo Brasileiro S.A. (Petrobras) | PBR | PETR4 | NYSE-listed ADR; also PBR.A for preferred shares; high-volume, widely traded |
| Telefônica Brasil (Vivo) | VIV | VIVT3 | NYSE-listed ADR for Brazil's largest telecom provider |
| Vale S.A. | VALE | VALE3 | NYSE-listed ADR; one of the most traded EM ADRs globally |