Brazil’s manufacturing sector contribution saw an initial high of in 1990 but began declining in the mid-1990s, especially after economic liberalization in 1994. By 1995, the share dropped to due to increased imports and structural shifts towards services. Modest gains in the 2000s aligned with commodity booms but waned post-2010, falling to in 2021. Brazil’s manufacturing share increased slightly in 2022 to amid efforts to boost industrialization post-pandemic. The current level reflects Brazil’s dependence on commodity exports and challenges in fostering a competitive manufacturing base.
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