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Sao Paulo
The State of São Paulo exported nearly US$ 46 billion in 2006, being
responsible for more than 33% of the Brazilian exportations. Nearly 35%
of that amount was generated by 15 products, among which sugars (from
sugar-cane, sugar beet, and sucrose), automobiles, airplanes, cellular
telephones, boneless beef and orange juice. 92% of the total of exported
products is industrialized and destined to the following countries: The
United States, including Puerto Rico (19%); ALADI (Latin-American Association of
Integration), except Mercosur (17%); European Union (16%); Mercosur (14%) and
Asia, excluding the Middle East (8%).
The importance of the manufactured products is also present in the imports:
almost 44% of the Brazilian foreign purchases of manufactured products is made
by the State of São Paulo. Its participation is equally important in the
importation of basic products, reaching almost 31% of the national total.
The United States is the main foreign supplier of the State of São Paulo,
responsible for almost 21% of the value of the imports made by the State of São
Paulo. Germany comes second, with almost 10% of the foreign purchases.
The State of São Paulo concentrated 43.1% of the cost of the Brazilian
manufacturing in 2004, totaling approximately US$ 65.4 billion.
The State of São Paulo is the country’s greatest pole of services: the State
contributes with nearly 45% of the Brazilian service sector’s income. The São
Paulo Metropolitan Region alone is responsible for over 60% of this
participation.
Specifically for investments in infrastructure, the State of São Paulo has a
great competitive advantage: it is the pioneer in the establishment of
Public-Private Partnerships. Instituted by a state law of 2004, the program of
the PPPs defines the mechanisms of collaboration between the State and the
private sector, including the creation of the São Paulo Company of Partnerships
- CPP, a state company non-dependent of the Treasury whose objective is to give
guarantees to the partnerships.
São Paulo's participation in the Brazilian banking system reaches almost 50%
in volume terms. Also, Latin America's largest Stock Exchange is located in the
state's capital.
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