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its a kind of ppt in which you all will find the latest report about the country and import and export details of the coutry This PPT also contains the etiqutte followed in brazil culture of brazil
Citation preview
Brazil
Group : A7
About Brazil and Brazilian Official name – Federative Republic of Brazil Population – 196,342,227* Official Language – Portuguese Currency – Brazilian real (BRL) Capital – Brasilia GDP – purchasing power parity $1.836 trillion* GDP Per Capita – $ 10,100 (2008) Religions: Roman Catholic (nominal) 80% Language : Portuguese is the most spoken
language, but English and French are also spoken Government: Multiparty Federal Republic
Source: www.ciafactbook.com
Culture of Brazil• Brazilian culture is a culture of a very diverse
nature
• An ethnic and cultural mixing occurred in the colonial period between Native Americans, Portuguese and Africans formed the bulk of Brazilian culture
• In the late 19th and early 20th centuries Italian, German, Spanish, Arab and Japanese immigrants settled in Brazil
• Brazil was a colony of Portugal for over 3 centuries
• For that reason, Brazil also holds Amerindian influences in its culture, mainly in its food and language
• Brazil has the largest Catholic population in the world.
• Carnival in Rio de Janerio, as it is known in Brazil, is an annual celebration held forty days before Easter and marking the start of Lent.
Contd…….
Greetings• First names should normally be used, but titles are
important and terms like ‘Doctor’ can be used.
• If we don’t know their professional titles, the term “Senhor”[Mr.] & “Senhora”[Mrs.].
• When we meet somebody in Brazil expect a firm handshake and for longer time.
• Both men and women greet women with a kiss on each cheek.
• On departure you should repeat all the handshaking and kissing.
Meeting Etiquette• Conservative European dress code is the norm for all
meetings in big cities.
• As a foreigner, try to always be on time however as this will be expected of you.
• Never start into business discussions before your host does.
• Business meetings normally begin with casual 'chatting' first.
• Avoid confrontations. It is best not to appear frustrated with your Brazilian colleagues.
Contd….
• Do expect interruption, while a important discussion is going on.
• Don’t bring topics like crime, corruption, deforestation etc as these are sensitive issues at the moment.
• Bring plentiful supply of business cards, since Brazilian tend to be very keen about exchanging them.
Dress Code• Brazilians pride themselves on dressing well. • For Men
– Wear conservative, dark colored business suits. Three-piece suits typically indicate that someone is an executive.
• For Women – – Wear suits or dresses that are elegant and feminine
with good quality accessories. Manicures are expected.
• Jeans are often unacceptable as they are considered too casual, however this depends on the industry.
Communication Style & Eye Contact
• Communication Style:– Communication is often informal and does not rely
on strict rules of protocol. – Anyone who feels they have something to say will
generally add their opinion. – Brazilians tend to be direct in most situations.
• Eye Contact:– Brazilians favor direct eye contact over indirect.– While conversing they will constantly stare, they
associate steady gaze with sincerity.
Gestures• Gently pulling the lower eyelid down can indicate "watch
out, be careful” or "do you think I'm stupid enough to believe that?"
• Thumbs up means OK, cool, positive, good-luck, thanks, you're cool, I agree. Thumbs down means the opposite.
• Pretending to suck your thumb means that one has been left out or is disappointed.
• The "OK" sign made by joining the index finger to the thumb in the shape of a ring is also inappropriate.
• You should expect friendly pats on the back.
Socializing & Entertainment• Formal lunches and dinners have always been a part
of doing business in Brazil.
• Brazilians do not arrive on time for social functions.
• Sometimes it is easier to invite a senior contact for a meal than for a meeting at the company.
• Keep the conversation at the social level and if business is to be discussed, wait until the coffee is served.
• If you are to a Brazilian home, consider it rare honour.
Business Negotiations• Expect a great deal of time to be spent reviewing
details.
• Often the people you negotiate with will not have decision-making authority.
• Use local lawyers and accountants for negotiations as Brazilians resent an outside legal presence.
• Brazilian business is hierarchical and decisions are made by the highest ranking person.
• Brazilians negotiate with people, not companies.
• It will probably take several trips to bring the negotiations to satisfactory conclusion.
• Do not change your negotiating team or you may have to start over again from the beginning.
• One should always place an emphasis on increased power and status to the Brazilians, rather than money.
• Never leave a meeting as soon as it gets over.
• A document aren’t signed immediately after an agreement is reached; a hand shake and person’s are considered sufficient.
Gift Giving• Do not give any thing that is obviously expensive as
it will cause embarrassment or be misinterpreted as bribe.
• Do give gifts of liquor, books, or nice pens.
• Do give gifts to children.
• If you did not bring a gift to the hostess, flowers the next day are appreciated.
• Gifts are usually opened when received.
Contd…• Gifts to Avoid
– Avoid giving anything purple or black as these are mourning colors.
– Gifts of knives, scissors, or letter openers are interpreted as the severing of a close bond. Handkerchiefs are also associated with funerals, so avoid giving them.
– Avoid practical gifts, since they may be perceived as too personal. For example, avoid wallets, key chains, ties, sunglasses, jewelry and perfume.
Brazilian Business Etiquette• DO be patient. Brazilians negotiate slowly.
• DO impress your Brazilian business associates by staying in a nice hotel.
• DO expect to be invited to have a drink after work.
• DO discuss soccer (football), the beach, and Brazil's growth as a country.
Contd…• Don’t discuss Argentina, religion, the Rainforest, and
Brazil's class system
• Don’t ask personal questions, such as questions about age, salary, or marriage
• Don’t speak Spanish with a Brazilian
• Don’t simply rely on e-mails to give information, follow things up with the phone call or meeting personally
• Don’t rush business with your Brazilian colleagues and avoid pressing for final decisions
Business Obstacles
Top Ten Products Imported by Brazil – 2008
PRODUCTS
Trade Value
(US$ thousands)
SHARE
(%)
GROWTH
(% 5yr)
Motor Vehicle Parts 3,339,117 1.44 96.76
Television, Radio & Accessory Parts 3,228,436 1.39 280.32
Aircraft Parts 1,971,689 0.85 104.83
Passenger Vehicles 1,879,423 0.81 153.52
Computer & Office Machines Parts 1,850,779 0.80 130.03
Petroleum Gases 1,784,707 0.77 231.94
Medicines in Doses 1,623,772 0.70 78.47
Aircraft 1,498,628 0.65 (11.86)
Non Crude Oil 1,488,253 0.64 36.95
Parts For Fork Lifts, Bulldozers & Graders 1,382,639 0.60 139.58
18%
17%
11%10%10%
10%
9%8%
8%
Top ten Brazil’s ImportsMotor Vehicle Parts
Television, Radio & As-sessory Parts
Aircraft Parts
Passenger Vehicles
Computer & Office Machines Parts
Petroleum Gases
Medicines in Doses
Aircraft
Non Crude Oil
Parts For Fork Lifts, Bull-dozers & Graders
PRODUCTS
Trade Value
(US$ thousands)
SHARE
(%)
GROWTH
(% 5yr)
Iron Ores & Concentrates 14,397,850 3.67 259.75
Crude Oil 7,208,820 1.84 609.38
Soybeans 6,214,344 1.58 87.34
Passenger Vehicles 4,208,285 1.07 112.86
Soda & Sulfate Chemical Woodpulp 3,387,592 0.86 142.43
Cane Sugar 3,343,046 0.85 116.37
Coffee 3,026,899 0.77 125.26
Chicken 2,709,649 0.69 146.87
Soybean Meal 2,699,448 0.69 10.99
Motor Vehicle Parts 2,598,678 0.66 117.08
Top Ten Products Exported from Brazil – 2008
Brazilian Embassy in Mumbai
Top Ten Exports of Brazil
Iron
Ore
s & C
once
ntra
tes
Cru
de O
il
Soybe
ans
Passe
nger
Veh
icles
Soda
& Sulf
ate
C.W
Can
e Sug
ar
Coffe
e
Chicke
n
Soybe
an M
eal
Mot
or V
ehicl
e Par
ts
-4,000
-2,000
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000 Trade Value(in US $ '000)
Trade Value(in US $ '000)
Top Ten Brazilian Imports From India -2008
Main Products Trade Value(US$ thousand)
Diesel Oil 15,24,698
Coke of Coal 1,08,488
Generating Sets Wind-powered 1,07,184
Single Cotton Yarn of Combed fibres (85%) 99,038
Other heterocyclic compounds 75,386
Textured Yarn of Polysters 71,188
Fuel of Turbine Aviation 58,229
Single Polyester Yarn 56,124
Polypropylene Yarn 40,526
Medicines 36,367
Brazilian Embassy in Mumbai
1524698
108488
10718499038
7538671188
58229
5612440526 36367
Top Ten Brazilian Imports From India
Diesel Oil
Coke of Coal
Generating Sets Wind-powered
Single Cotton Yarn of Combed fibres (85%)
Other heterocyclic compounds
Textured Yarn of Polysters
Fuel of Turbine Avia-tion
Single Polyester Yarn
Polypropylene Yarn
Medicines Brazilian Embassy in Mumbai
Potential Trade• We recommend to Export Cell phones, Video
Recorders and Radio Transceivers
• India at present exports these products to other nations apart from Brazil.
• It gives India, trade value of US $2,94,627,000 which forms 0.10% of the total exports and has a growth rate of 1875.23%
• Moreover Brazil has a huge demand for them, and gives a trade value of US $ 3,228,436 which forms 1.39% of their total imports and has a growth rate of 280.32%
Growth rate over a period of 5 years Brazilian Embassy in Mumbai
Cont…..• We also recommend to trade Ball & Roller Bearings
with Brazil
• It gives India, trade value of US $ 201,036,000
which forms 0.07% of the total exports and has a growth rate of 209.76%.
• Brazil is huge into importing industrial and infrastructure related goods, and there is a big market with relation to bearings that we can try to capture.
• It gives Brazil a trade value of US$ 3,85,309(‘000) which forms 0.17% of the total imports and has a growth rate of 93.62%