The Brazilian shoe business has been on fire for the last twenty or thirty years. When the prices in the Italian and Spanish footwear market sky-rocketed, savvy shoe companies began exporting men’s and women’s shoes from Brazil. Brazilian shoe factory prices made shoes a popular priced and stylish purchase in the U.S. market. Smart investors, who were connected with the shoe business, made a serious return on their investments even though doing business with those factories during the early years was a challenge for several reasons.
Shoes are not the only commodity investors can turn into money. The precious stone business has always been a great way to make money in Brazil. The oil business is another wise investment even though the oil business is going through some changes, according to BRL Trust, one of Brazil’s administrator and manager of investment funds, mergers and acquisitions.
The reason for BRL’s optimism is simple. Brazil is the sixth largest economy in the world, and it is home for more than 186 million people. When you combine the other Latin American consumers and North American consumers with Brazil’s consumers, there are a staggering 900 million potential consumers that use Brazilian products. Brazilian exports have grown faster than any other country, so Brazil has become a leader in world trade. China is Brazil’s largest trading partner.
BRL Trust (Wikipedia) also believes that investing in Brazil’s science and technology fields could be a smart move since the country is a major player in oil exploration, aircraft building and software and deepwater development. Plus Brazil’s competence in producing ethanol and biodiesel fuel is considered first class.
But the main reason BRL Trust (Facebook) thinks investing in Brazil is the right thing to do is, the government allows investors to send their profits home rather than forcing them to reinvest their profits in the Brazilian market.