South America / Market profile
A research starting point for understanding Brazil from an Indian business perspective.
Last updated: 4 October 2026
BrazilIndia-focused research
Source: Brazilian Government
View sourceKey indicators for the selected market. Country indicators are dated; trade figures use the latest available year.
212.00M
2024
World Bank
View sourceUS$2185.82B
2024
World Bank
View source3.4%
2024
World Bank
View sourceUS$293.28B
2025
WTO Tariff & Trade Data, UN Comtrade
View sourceWorld Bank indicators refer to 2024. WTO merchandise imports refer to 2025, exclude services and use UN Comtrade. The India-Mercosur PTA covers scheduled goods, not every product. Exact tax burden, product approvals and current daylight-saving status require further verification. Hero artwork is generated editorial imagery.
Last verified: 4 October 2026
Data years: Population: 2024; GDP: 2024; GDP growth: 2024; Import market size: 2025
Historical exports and leading recorded products, not a forecast of demand.
US$7.23B
+1.6% YoYIndia exports to Brazil (2024)
Source: CEPII BACI HS17 via India Trade Routes
Recorded route summary
India recorded exports to Brazil in every BACI year from 2017 to 2024. In 2024, India's exports to Brazil were $7.23B, up 1.6% year over year. The 3 largest HS6 products by value were Petroleum oils and oils from bituminous minerals, not crude: preparations n.e.c. containing by weight 70% or more of petroleum oils or oils from bituminous minerals: these being the basic constituents of the preparations: waste oils (HS 271000, $586.1M, 8.1% of the total); Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale (HS 300490, $301.0M, 4.2% of the total); Heterocyclic compounds: with nitrogen hetero-atom(s) only, containing an unfused pyrazole ring (whether or not hydrogenated) in the structure, other than henazone (antipyrin) and its derivatives (HS 293319, $267.2M, 3.7% of the total).
HS6 271000
HS6 300490
HS6 293319
Four research lenses to understand the market, not a recommendation to enter it.
Brazil recorded US$293.28B of merchandise imports in 2025. Investigate product-specific buyer evidence before drawing demand conclusions.
Source: WTO Tariff & Trade Data, UN Comtrade (2025)
View sourceCheck the linked evidence and its date before acting.
Review product fit, localisation, fulfilment and customer support. This is a research framework.
This research guidance has no linked supporting evidence yet.
Check India-Mercosur PTA schedules and origin rules for the specific product. Indian origin alone does not establish eligibility.
Source: OAS SICE agreement text and record
View sourceCheck the linked evidence and its date before acting.
Assess operating location, staffing, responsibilities and costs before committing.
This research guidance has no linked supporting evidence yet.
Choose a research focus. No sector has been established as an opportunity in this country.
Possible routes to evaluate, not recommendations for this country.
Evaluate contracting, importer responsibilities, fulfilment and support.
01Indian business
02Entry route
03Buyer or partner
04Local operations
05Expansion
Check these against your product, HS code and business model.
What to check
Define buyers and test demand with product-specific evidence.
What to check
Verify classification, Siscomex habilitation, representation, documentation and product controls.
What to check
Match the scheduled tariff line and verify origin documentation. The agreement does not exempt internal taxes.
What to check
Verify requirements for the actual product and intended use through the relevant authorities.
What to check
Calculate the burden for the product, valuation, state and regime with qualified advisers.
What to check
Compare costs, control, delivery and responsibilities without treating a route as recommended.
Verify current requirements with the relevant authority before acting. This is not legal or tax advice.
The Minas Gerais registry outlines legal-form selection, name and address feasibility and registration. Verify the chosen state's process and foreign-investor requirements.
Source: JUCEMG
View sourceThe Minas Gerais registry outlines legal-form selection, name and address feasibility and registration. Verify the chosen state's process and foreign-investor requirements.
Relevant source: JUCEMG
Last verified: 4 October 2026
View sourceCompanies generally require Siscomex habilitation and registered representatives. Verify the applicable modality or exemption.
Source: Brazilian Government Siscomex service
View sourceCompanies generally require Siscomex habilitation and registered representatives. Verify the applicable modality or exemption.
Relevant source: Brazilian Government Siscomex service
Last verified: 4 October 2026
View sourceOfficial guidance lists several import taxes and fees. Verify product-, valuation-, state- and regime-specific treatment; no universal landed-tax rate is established here.
Source: Brazilian Government import-tax guidance
View sourceOfficial guidance lists several import taxes and fees. Verify product-, valuation-, state- and regime-specific treatment; no universal landed-tax rate is established here.
Relevant source: Brazilian Government import-tax guidance
Last verified: 4 October 2026
View sourceLGPD and ANPD Resolution 19/2024 regulate international personal-data transfers. Verify the transfer mechanism and safeguards; India adequacy is not established in this profile.
Source: ANPD
View sourceLGPD and ANPD Resolution 19/2024 regulate international personal-data transfers. Verify the transfer mechanism and safeguards; India adequacy is not established in this profile.
Relevant source: ANPD
Last verified: 4 October 2026
View sourceINMETRO distinguishes compulsory and voluntary regulated schemes. Verify the product and intended use; sanitary-controlled imports may also require ANVISA review.
Source: INMETRO
View sourceINMETRO distinguishes compulsory and voluntary regulated schemes. Verify the product and intended use; sanitary-controlled imports may also require ANVISA review.
Relevant source: INMETRO
Last verified: 4 October 2026
View sourceIdentify the relevant authority and verify activity permissions. No country-specific sector permission is implied.
Identify the relevant authority and verify activity permissions. No country-specific sector permission is implied.
Explore sourced bilateral information relevant to Indian businesses.
No institutional endorsement or partnership is implied.
BrazilExplore recorded exports and products in the trade section above.
View trade dataSigned on 25 January 2004 and in force from 1 June 2009. It covers scheduled goods and origin conditions, not universal tariff or internal-tax exemptions.
Source: OAS SICE agreement text and record
Signed on 25 January 2004 and in force from 1 June 2009. It covers scheduled goods and origin conditions, not universal tariff or internal-tax exemptions.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Source: OAS SICE agreement text and record
Last verified: 4 October 2026
View sourceThe Indian Embassy in Brasília provides a Doing Business in Brazil resource. The linked guide's contents were not readable during this review; no substantive claim relies on it.
Source: Embassy of India Brasília
The Indian Embassy in Brasília provides a Doing Business in Brazil resource. The linked guide's contents were not readable during this review; no substantive claim relies on it.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Source: Embassy of India Brasília
Last verified: 4 October 2026
View sourceIdentify potential partners through further research. No relationship or endorsement is implied.
Identify potential partners through further research. No relationship or endorsement is implied.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Consult the PTA text and schedules. A documented original schedule is not verification of any later expansion.
Source: OAS SICE agreement text and record
Consult the PTA text and schedules. A documented original schedule is not verification of any later expansion.
Use the source and its scope to guide further research; no relationship or tariff entitlement is implied.
Source: OAS SICE agreement text and record
Last verified: 4 October 2026
View sourceIdentify the product and HS code, verify buyer evidence, PTA eligibility, customs habilitation, product controls and taxes, then compare operating routes.
Understand the market
Identify relevant sectors
Assess your readiness
Evaluate entry routes
Identify partners
Build an expansion plan
Discover → Prepare → Connect → Expand
Source and research starting points for this country briefing.
Start with your business context before drawing conclusions about a market.
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