BRAZIL GREECE ECONOMIC RELATIONS

Trade, Tourism and Investments Secom Athens Fev 2013

BRAZILGREECE TRADE 2003 - 2012

BRAZIL-GREECE TRADE
Millions 400.00 370.16 350.00 332.05 300.00 Exports Brazil-Greece 247.49 193.26 173.85 150.00 100.00 50.00 24.24 0.00 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 49.23 26.47 59.21 41.23 66.84 34.94 67.81 42.19 137.09 103.17 202.84 175.15 159.61 Imports Brazil-Greece

250.00
200.00

191.40

BILATERAL TRADE BRAZIL-GREECE MAIN PRODUCTS 2012

BRAZIL EXPORTED TO GREECE
BRAZIL IMPORTED FROM GREECE

CONCLUSIONS
BRAZIL

GREECE

The volume of the Brazilian exports to Greece have not changed significantly in the past years. In the last decade, the total Brazilian exported to Greece represents around 1% of total exports. In 2012, 80% of the total exported to Greece were concentrated in coffee (47%), tobacco (15%), sugar (17%) and soya (3%).

Greek exports to Brazil almost triplicated in the period 2009 2011 (US$ 34 million in 2009, US$ 67,8 million in 2010 and US$ 103,1 million in 2011). There was an almost 60% decline in Greek export in 2012 (US$ 42 million), compared to 2011 (US$ 103,1 million). In 2012, the mains products exported from Greece to Brazil were marble and travertine, cements, belts reinforced metal, razors, olive oil, electric fuses, magnesium carbonate, electrical circuits, canned peaches, sulfur, iron blades, electric accumulators, books and brochures, irrigation systems, air filters

The main priority sectors in Greece identified by the Brazilian Commercial Intelligence Radar System. PIE (Potential
Importing Market to be Explored) =

PRIORITY SECTORS IN GREECE

TOTAL of Greece imports IMPORTS coming from Brazil

-

These sectors are considered short term priorities because they consitare also sectors that Brasil already has a very good exporting profile

TOURISM
BRAZIL - GREECE

INTERNATIONAL ARRIVALS

WORLD TOURISM REVENUE

TOURISM BRAZIL - GREECE

BRAZIL

GREECE

According to the World Tourism Organization, Brazil received a total of 5 million tourists in 2008 and 4,8 million in 2009. Brazil total tourists distribution by continent of arrival was the following: Europe (33%), Amrcia (60%), Asia (4%), Africa (2%) and Oceania (1%). As regardas to the distribution of arrivals by country of origin, the largest number of tourists in 2009 were from Argentina (25,2%), UE (12,7%), Italy (5,2%), Germany (4,4%) and France (4,49%) In 2008, 10,3 thousand Greeks visited Brazil. In 2009, this number was reduced to 7,5 thousand people. This represents 0,1% of total Brazilian international arrivals.

According to the Hellenic Statistics Services, in the period Jan-Dec/ 2011, 14.6 million tourists visited Greece. This represents an increased of 10,4% compared with the same period in 2010 (13.2 million). The total tourists distribution for 2011 was the following: Europe (89,2%), Asia (5,4%), Africa (0,2%), America (4,4%) and Oceania (0,8%). As regards to the distribution of arrivals by country of origin, the largest number of arrivals in 2011 came from Germany (13,6%), the United Kingdom (10,7%) and France (7,0%)

In 2010, 34 thousands Brazilian tourists visited Greece. In 2011, there was a 53,2% increase in this number (52 thousand Brazilian tourists). Brazilian tourists represent 0,3% of the total tourists in Greece.

INVESTMENTS
Brazil-Greece

GREEK DIRECT INVESTMENTS IN BRAZIL US$ MILLION

12.00 10.78 9.54

10.00

8.00

6.00

4.00

3.08

1.79 2.00 1.05 0.22 0.00 0.55 0.64

1.64 0.43

0.18 2000 2001 2002 2003 2004 2005

1995

2006

2007

2008

2009

INVESTMENT BY GREEK COMPANIES IN BRAZIL

BRAZIL
INVESTMENT* BY GREEK COMPANIES & RESIDENTS IN LOCAL ENTERPRISES BY MAJOR SECTOR (STOCK 31/12/2010)
Greek Company DIMITROPOULOS Panagiotis &.KORLETIS Kostantinos INTRALOT S.A. INTRALOT S.A. INTRALOT S.A. S & B INDUSTRIAL MINERALS S.A. F.H.L. KYRIAKIDIS MARBLESGRANITES S.A. Web http://www.internetq.com www.intralot.com www.intralot.com www.intralot.com www.s.andb.gr www.fhl.gr Investor INTERNETQ Direct INTRALOT DO BRAZIL/Direct INTRALOT DO BRAZIL S & B HOLDING Direct Country of Origin Greece Greece Brazil/Greece Brazil Germany Greece Foreign Company - Name INTERNETQ DO BRAZIL ATIVIDATES DE INTERNET LTDA INTRALOT DO BRAZIL INTRALOT MINAS GERAIS Ltda OLTP LTDA STOLLBERG DO BRAZIL Ltda F.H.L. DO BRASIL MARMO & GRANITO Ltd.

Source : IN VEST IN GR EECE AGEN CY

BRAZIL ECONOMIC INDICATORS

BRAZILIAN GDP GROWTH

FISCAL TRANSPARENCY OPEN BUDGET 2012

FISCAL FINANCING ENERGY

GREAT REDUCTION IN COSTS

MAJOR INVESTMENT PROGRAMS

Public Investment: PAC/Proinvest (R$20 bi)/PAF (58 bi in 2012) New legislation for public-private cooperation New programs for petroleum concessions Infrastructure Programs

SMALL IMPROVEMENT IN WORLD TRADE GROWTH (VALUE), %

OLIVE OIL MARKET IN BRAZIL

140,000,000

120,000,000

100,000,000

80,000,000 US$ 60,000,000 40,000,000 20,000,000

0
2012 2011 2010

PORTUGAL 136,559,218
115,313,141 89,222,096

SPAIN 62,966,211
61,438,999 45,977,061

ARGENTINA 22,807,668
26,045,434 23,901,303

ITALY 17,215,120
17,616,137 16,248,057

GREECE 1,762,841
2,764,769 2,334,770

CHILE 4,132,834
1,535,249 886,145

OTHERS 319,213
547,061 584,529

Source: Aliceweb