Foreign Trade Data
The state occupies third position among the 27 federative units of Brazil, accounting for about 11.06% of the country’s foreign sales.
In the first half of 2019, Minas Gerais exports totaled US$
12.15 billion, an increase of 4.3% over the same period for the
previous year (US$ 11.65 billion).
Minas Gerais imports totaled US$ 4.22 billion in the period, representing a decrease of 1.3% compared to 2018 (US$ 4.28 billion). In the ranking of Brazilian states, Minas holds seventh position and contributes to 5.04% of purchases from the international market.
The balance of trade for Minas Gerais ended the first half of 2019 with a surplus of US$ 7.93 billion, an increase of 7.45% compared to the same period for 2018 (US$ 7.38 billion).
See the complete statistics for the complete trade balance of Minas Gerais, by year and country, in the Business Intelligence (BI) dashboard prepared by the ACMinas Economic Department at minasguide.com/blog/minas-e-o-mundo.
The whole world fits here
View of the telecommunications antennas and the tall buildings of Nova Lima, Minas Gerais
An example of international integration, Belo Horizonte – the global and avant-garde metropolis of the movements for the internationalization of cities – integrates international commitments and networks for development, business and innovation. The city is one of the founders of the AL-LAs network; Member of CGLU, Metropolis, Mercocities, ICLEI; Fab-City; Cities4Forests and also signed up for the Sustainable Development Goals, the Paris Agreement and the New Urban Agenda.
Through the global operations of the capital and the state, organizations are continually attracted to foster international business with other countries.
The flow of foreign human capital to operate in sectors such as agribusiness, mining and steel has increased the importance of Minas Gerais state on the scene of international relations maintained by the Brazilian Government and has played out in the implementation of foreign diplomatic representations.
These international bodies offer strategic services, including fundamental legal guidelines on setting up entities in Brazil or the countries they represent, and the promotion of business and cultural events and meetings.
Minas Gerais has seen significant growth in consular representations, as well as a strong presence in Chambers of Commerce and commercial offices.
In the Association of Consular Corps Members in the State of Minas Gerais (AMCC-MG) there are 6 countries represented by diplomatic consulates, located in Belo Horizonte: Argentina, United States, Italy, Portugal, United Kingdom and Uruguay. At these consulates, diplomats from their home countries continually pursue policies of commercial, cultural, tourism, and visa assistance besides providing other pertinent guidance to Brazilian and foreign citizens in Minas Gerais.
In addition there are 32 Honorary Consulates (Austria, Belgium, Bulgaria, Canada, Chile, Denmark, Slovakia, Spain, Finland, France, Guatemala, Netherlands, Honduras, Hungary, India, Israel, Japan, Lebanon, Luxembourg, Malaysia, Morocco, Nicaragua, Peru, Poland, Czech Republic, Romania, Russia, Syria, Switzerland, Trinidad and Tobago, and Turkey which are generally run by Brazilians with family or business ties with the country they represent.
Discover the work of the Consulates in AMCC-MG at www.corpoconsular.com.br
Offices and Chambers of Commerce
The Chambers of Commerce in Minas Gerais provide relevant services to their associates, creating a favorable environment for companies both companies from Minas and the respective countries to do business.
They support companies in business prospecting, secure partner identification, and in foreign trade support. They promote relevant institutional actions and integration between cultures, among other prominent actions.
American Chamber of Commerce in Brazil| Belo Horizonte
With a staff of 430 companies, 100 years of history and presence in 15 Brazilian cities, Amcham Brasil, the largest of the 104 American Chambers in the world, has been operating in Belo Horizonte for 20 years, leading global insertion actions and training of Minas Gerais entrepreneurs. The Chamber integrates Brazilian and international companies in an environment that crosses frontiers in content generation, while also providing a complete and active range of business products and services. Amcham can be described in three words: networking, content and foreign trade.
Contacts: +55 31 2126-9750 | firstname.lastname@example.org
Belgian-Luxembourg Brazilian Chamber of Commerce and Industry
BELGALUX, the Belgian-Luxembourg-Brazilian Chamber of Commerce and Industry in Brazil is a non-profit organization, founded in São Paulo in 1938. The BELGALUX representation in Belo Horizonte was launched in November 2017, with the support of the Federation of Industries of Minas Gerais State (FIEMG). The Minas Gerais branch concentrates on the commodities, engineering, environmental and mineral technologies, trade and services, food and beverage segments of major importance to the state.
BELGALUX associates can avail of targeted networking and strategic services ranging from legal advice on setting up entities in Brazil, Belgium and Luxembourg, and on the promotion of business and cultural events and meetings. Belgium and Luxembourg have a strong economic presence in the state and in Brazil, with investments in services, engineering, energy, logistics, aeronautics, technology, chemistry, industrial minerals and derivatives, maritime works, ports, food and beverage, trading, among others.
Contacts: +55 11 3284 9557 | +55 31 99777-4757
British Chamber of Commerce and Industry in Brazil
In 2019, at the request of the British Ambassador in Brazil, Britcham focused on expand its range, by launching new branches, to collaborate with the very active ones, already established, in Rio de Janeiro e São Paulo. Belo Horizonte, a prominent capital, with huge businesses opportunities, will have its Branch soft opening in early August as part of the successful strategies drawn by the Chamber’s Board of Directors, focused on its mission of fostering trade relations, investments and services, through advocacy and networking. I hope that this guide will encourage you to get to know the Chamber and the great opportunities availableby becoming a member! To share experience, technology and networking as part of a long term plan to influence policy decisions affecting bilateral relations is the Britcham core.
France-Brazil Chamber of Commerce and Industry
Minas Gerais Regional Office
Founded 115 years ago and bringing together more than 900 associates, between French and Brazilian companies, representing the most diverse sectors of activity, the France-Brazil CCI promotes the development of economic, financial, commercial, industrial, scientific and cultural relations between France and Brazil.
The service portfolio and activities promoted by the events department enable members to broaden their contacts, gain access to insider information and benefit from promotions and business advantages thanks to the differentiated cost of services. Minas Gerais continues to attract French investors.
Minas Gerais continues to attract French investors. France has a strong and diversified economic presence in the state, with investments in strategic areas: heavy industry, aerospace, food and energy, working with large companies such as Helibras (Airbus Helicopters), Vallourec, Lafarge-Holcim, Engie Energies, Saint-Gobain, Snef, Vinci, Systra, Danone, Aperam, Skema Business School, and the newly opened Verralia, in Jacutinga (Southern Minas Gerais).
Thus, with the support of the French Development Agency (FDA) – projects from various sectors in Minas Gerais could benefit.
The France Brazil Chamber of Commerce in Minas Gerais is convinced that France and its companies have all the necessary resources to continue to play a leading role in Brazil and the state.
Contacts: +55 31 3213-1576 | email@example.com
Netherlands Business Support Offices
The Netherlands Business Support Offices (NBSO Brazil) comprises a network of 25 offices in 10 countries, set up by the Dutch government to provide business support to Dutch companies in their international activities, specifically small and medium-sized enterprises (SMEs).
In 2018, NBSO, part of the Dutch Economic Network in Brazil, publicized and participated in events and activities aimed at facilitating trade negotiations between both countries, as well as exchanging technologies, methodologies and knowledge. NBSO brought together Dutch mining companies to discuss new mining policies and introduce new technologies for national companies. Through the office, the Minas Gerais government connected with the start-up ecosystem in Amsterdam and supported the arrival of the first edition of the Startup City Summit in Latin America to Belo Horizonte. In addition, cooperation began to connect the state government with Dutch developers to jointly elaborate the first Blockchain project in the charcoal area.
Contacts: +55 31 3504-3381 | firstname.lastname@example.org
India-Brazil Chamber of Commerce
The India Brazil Chamber of Commerce (IBCC) – in operation for 16 years – was founded in 2003 and is located in the same building as the Consulate General of India in Minas Gerais. In addition to the base office in Belo Horizonte, it also has offices in Rio de Janeiro, Sao Paulo and New Delhi.
Among the new features in 2019, IBCC has already conducted four business missions to India, each targeting a specific sector of relevance to the India- Brazil relationship, such as Information Technology and Pharmaceuticals, and signed a Memorandum of Understanding (MoU) with Invest India, the Indian national agency for the promotion and facilitation of foreign investment in the country. In addition, the Chamber organized events in parallel with the BRICS meeting in Brazil and inaugurated a new branch in São Paulo.
Contacts: +55 31 3055-3836 | +55 31 98481-3694 | +55 21 2514-7629 | +55 21 97405-0285
Minas Gerais-Israel Chamber of Commerce and Industry
The Minas Gerais-Israel Chamber of Commerce and Industry upholds the values of entrepreneurship, innovation, free enterprise and democracy, which underpin the Jewish concept of “Tikun Olam”, meaning to contribute to making the world a better place. The Free Trade Agreement between Mercosur and Israel, signed in 2010, removed barriers to trade and facilitated technology and R&D cooperation as well as cultural, political and social exchange.
Israel is a large importer, and has population with high purchasing power, offering good opportunities for business and strategic partnerships, given the technology developed for the various industrial sectors.
Inaugurated in August 2016, the Minas Gerais-Israel Chamber of Commerce and Industry seeks to increase trade relations between two, which represent only 5% of bilateral trade between Brazil and Israel, leaving plenty of room for growth. Creating opportunities in sectors such as water management, agriculture, start-ups, health, education, clean energy and security is a priority.
Italian-Brazilian Chamber of Commerce, Industry and Agriculture of Minas Gerais
For over two decades, the Italian Chamber of Commerce of Minas Gerais has been working in favor of bilateral business between Minas and Italy. A business environment aimed at promoting trade and industry, integrated into an international network of relationships, consisting of 78 Italian chambers present in 54 countries, and 100 chambers of commerce in Italy.
Currently, the Italian Chamber presides over the Eurochamber of Minas Gerais, an agreement between the Chambers of Commerce of Belgium, France, Portugal and Italy, which join forces in search of greater representation and synergy with the European market. Among its more than 190 associates, there are major multinational players, leaders in the automotive, logistics, ICT, information technology, energy, pharmaceutical, construction sectors and many others. Together they make up a business group that favors the development of new businesses and the creation of new opportunities. In its portfolio, the Chamber offers various services in the areas of commercial assistance, the search for commercial and productive partners, communication and marketing, relationship, among others.
Discover the Mentoring, Ospitalità Italiana – Ristoranti Italiani nel Mondo, Medalha Italia Affari and Settimana della Cucina Italiana nel Mondo projects at www.italiabrasil.com.br.
Some Italian capital companies operating in Minas Gerais: Adler Group, Aethra Group, Almaviva, Asja, Bcube, CNH Industrial (CNH, FPT e Iveco), Comau, Fassa Bortolo, FCA Group, Ferrero, Grupo Rima, Grupo Sada, Ibiritermo, Magneti Marelli, Marangoni, OMR Componentes, Ompi do Brasil (Stevanato Group), Proma do Brasil, RINA, Sara Group, Segafredo Zanetti, Simpro do Brasil, Streparava, Teksid, Ternium, TERNA, Tiberina, Ventana Serra.
Contacts: +55 (31) 3287-2211 | email@example.com
Lebanon-Brazilian Chamber of Commerce of Minas Gerais
Established on November 21, 2005, in the Commercial and Entrepreneurial Association of Minas, the Lebanon-Brazilian Chamber of Commerce of Minas Gerais, coordinated by Charles Loftti, aims to promote the development of trade, social and cultural relations between Brazil, Minas Gerais and Lebanon, since approximately 2 million Lebanese and descendants reside here.
The Lebanese have decisively influenced the economy of Minas Gerais, whether in commerce, industry or services, generating employment and income. They are born entrepreneurs and stand out in the car rental, parking, supermarkets, construction, textile and apparel sectors.
The chamber has strategic partners in Beirut, translators, foreign trade specialists and a colony willing to do business in Minas Gerais and the Middle East.
Contacts: firstname.lastname@example.org | Instagram: @camaralibanesa | Facebook: cclbmg
Portuguese Chamber of Minas Gerais
New Business Creation Opportunities
The Portuguese Chamber of Minas Gerais, founded in 1996, is an association focused on increasing commercial, technological, social and cultural relations between Minas Gerais, Portugal and the Portuguesespeaking countries. As such, it takes on a growing and preponderant role in strengthening bilateral economic relations. Its work includes the provision of market studies, national and international matchmaking, and business missions in which topics such as renewable energy, real estate market, infrastructure, tourism, agribusiness and information technology are discussed, as well as support in opening companies both in Brazil and in Portugal, business events and lectures, among others.
Since its foundation, the Portuguese Chamber of Minas Gerais has participated in the main decisions of internationalization of Minas Gerais and Portuguese companies. Among these, it is worth noting the viability of the BH-Lisbon direct link via TAP.
Portugal and the Innovation System Ecosystem
In 2018, the Entrepreneurial Ecosystem in Portugal corresponded to over 3,000 start-ups, 135 incubators, 40 active venture capitals, 20 business angels, 20 acceleration programs, 20 corporate acceleration programs and €240 million of funding available for coinvestment (Startup Portugal 2018).
An example of a residency program is the Startup Visa program, which aims to welcome foreign entrepreneurs who want to promote entrepreneurship and/or innovation projects in Portugal. Any entrepreneur with a project, individually or jointly, may apply for this program and it is not necessary to have a company.
Every year, the Web Summit takes place in Lisbon, the largest technology event in the world. Over 170 countries are represented, with 650 lectures, over 11,000 CEOs, around 1,500 investors, and more than 65,000 attendees. The common elements that bring Brazil and Portugal closer together, especially language, culture and history, clearly favor the creation of new businesses and the generation of promising opportunities.
Contacts: +55 31 3213-1557 | email@example.com | www.camaraportuguesamg.com.br
International Business Chamber
The International Chamber of Business is a nonprofit entity that acts locally, nationally and internationally to promote business development in Brazil and abroad. As globalization intensified, new opportunities and challenges emerged. It is therefore necessary to map them so that the business is prepared to adapt to the foreign market and achieve success.
CINBR offers conditions to develop the competitive potential of businesses and insert them in the international market. The main role of the Chamber is to expand the network of connections, in order to generate effective opportunities and contribute to the development of trade and international integration. Today, it oversees the following chambers of commerce: Brazil-Mozambique Chamber of Commerce, Industry and Agriculture; Chinese Chamber of Commerce of Brazil; Official Brazil- of Commerce, Industry and Tourism; Brazil-Guatemala Chamber of Commerce and Tourism; Brazil-South Africa Chamber of Commerce.
Contacts: +55 31 3289-2108 | firstname.lastname@example.org | www.cinbr.com.br
Brazil-Australia Official Chamber of Commerce
The Official Brazil-Australia Chamber of Commerce celebrated 31 years of operation and during this period it has gained major importance in relations between the two giants of the Southern Hemisphere. Completing more than a quarter of a century as a serious and competent organization is of great value to both countries, which have greatly benefited from the Chamber’s work, not only from an economic perspective, but also in the social and cultural spheres.
In 2014, COCBA had its headquarters officially moved from São Paulo to Belo Horizonte. At the time, Hélio Júlio Marchi, who has chaired the Chamber for 11 years – a key player in its success since 1997 – transferred the presidency to Dr. Ezequiel de Melo Campos Netto. The Official Brazil-Australia Chamber of Commerce has as its main objective to encourage the development of trade relations between Brazil and Australia and to promote networking between Brazilian and Australian companies.
Contacts: +55 31 3289-2108 | +55 31 2532-9645 | email@example.com | www.australia.org.br
Chinese Chamber of Commerce of Brazil
The Chinese Chamber of Commerce of Brazil (CCB) is a non-profit institution formally recognized by the Brazilian government and the Chinese government. Its head office is located in Brazil (Belo Horizonte) and it has an office in China (Shanghai). Brazil has been China’s largest trading partner in Latin America, with China being the first destination for Brazil’s exports and imports totaling $48 billion and $27 billion, respectively, according to a recent survey by the Ministry of Industry, Foreign Trade and Services.
The Chinese Chamber of Commerce in Brazil aims to foster trade and business between the two countries by promoting Business Missions in various sectors, as well as a diverse portfolio of services.
Contacts: +55 31 3262-2801
Brazil-Mozambique Chamber of Commerce, Industry, Agriculture
The linguistic heritage of Portuguese colonization and the cultural proximity between Brazil and Mozambique create a favorable environment for business development between the both countries. As such, the Brazil-Mozambique Chamber of Commerce, Industry and Agriculture (CCIABM) has been operating for over 10 years to help Brazilian companies enter the Mozambican market.
To this end, CCIABM has headquarters in Brazil, operated by the International Business Chamber, and in Mozambique, ensuring our partner companies greater security during the internationalization process. In addition to marketing research, which provides pertinent information on the viability of the company’s entry into the target market, we also work with business missions to Mozambique, placing our clients in direct contact with key players in the selected sector and potential partners.
As a relatively new market, Mozambique offers opportunities for Brazilian companies, particularly in the oil and gas, public works and construction, energy, industry, agribusiness, mining, logistics, services, vocational training and IT, telecommunications, pharmaceuticals, health, fashion, perfumery and food and beverage sectors.
Contacts: +55 31 3262-2801 | firstname.lastname@example.org | www.cciabm.com
Brazil-Russia Chamber of Commerce, Industry and Tourism
Working to promote economic and cultural relations between Brazil andRussia, the Brazil- Russia Chamber of Commerce, Industry and Tourism (CBR) was founded in 1982. CBRhas, among its associates, Brazilian and Russian companies and entities of varying characteristics from all over the world. Through its close relationship with both the Brazilian and Russian governments, CBR provides a wide range of services for the development of bilateral business. Since October 2017, CBR has been present in Belo Horizonte under the management of the International Chamber of Business and represented by Honorary Consul of Russia, Carolina Bernardes.
The Chamber also has official representations in Bahia, Paraná, Rio de Janeiro, Rio Grande do Sul, Santa Catarina, Sao Paulo and the Russian capital Moscow.
Contacts: + 55 31 3289-2108 | email@example.com | www.brasil-russia.org.br/pt-br
Internacionaliza BH Project: Welcoming and reference behaviors for the international cultures
In order to make Minas Gerais and its business community aware of the process to internationalize Belo Horizonte, ACMinas – along with Belo Horizonte City Hall and the Dom Cabral Foundation – came up with the Internationalize BH project, launched in February 2016, to share experiences and promote the international cultures resident in “Minas Gerais’ capital”.
On different fronts, the benefits of internationalization for citizens and business environments stand out, working to make Belo Horizonte and, consequently, Minas Gerais, a differentiated ground for welcoming and providing quality interaction with international communities.
Internationaliza BH is active on different projects, particularly the archive of BH and Minas Gerais Worldwide, Global Memories in BH, International Dialogues (culture of business and for business) and the I PARTICIPATE network seal.
Participate in the construction of a more internationalized Minas Gerais society, which is advancing in terms of welcoming, knowledge and interaction with the various international communities.
Instagram and Facebook: @internacionalizabh
“EU PARTICIPO” (I TAKE PART) Internacionaliza BH Project Network
Network of establishments – hotels, restaurants, language schools, educational institutions, festivals and companies – known for their international activities and involvement with foreign communities in Belo Horizonte.