The Top 100 Latin American Multinational firms were published by América Economía earlier this year. The list was created based on two criteria: their annual sales must exceed US $250 million in 2013 and they must operate in more than one country in the region. The ranking was done using a calculated field called the “MultiLatino Index” (not shown below).
In this post lets take a look at Brazilian companies that appeared in this list. Brazilian multinationals topped the list in terms of sales figures, activity and representation. Out of the 100 companies 34 were from Brazil with the majority of them in the food production and export sectors.
The Top Brazilian Multinationals are shown in the table below:
| S.No. | Company | Sector | 2013 Total Sales US $ Millions | Sales % from abroad 2013 |
|---|---|---|---|---|
| 1 | JBS GROUP - Friboi (1) | FOOD | $39,658.00 | 84 |
| 2 | PETROBRAS (1) | OIL GAS | $130,150.30 | 37 |
| 3 | Artecola | CHEMISTRY | $128,196.00 | 40.9 |
| 4 | VALE | MINING | $43,323.50 | 13.2 |
| 5 | ULTRAPAR PARTICIPAÇÕES (1) | OIL GAS | $26,013.90 | Not Available |
| 6 | Braskem | PETROCHEMICAL | $17,488.90 | 22 |
| 7 | Gerdau | STEEL METALLURGY | $17,016.60 | 62 |
| 8 | Cosan (1) | BIO ENERGY | $15,438.10 | Not Available |
| 9 | BRASIL FOODS | FOOD | $13,028.70 | 43.8 |
| 10 | MARFRIG | FOOD | $8,007.20 | 60.1 |
| 11 | CIA. NATIONAL STEEL | STEEL METALLURGY | $7,390.30 | 13.8 |
| 12 | EMBRAER | IND. AEROSPACE | $5,820.80 | 21 |
| 13 | Votorantim Cement (1) | CEMENT | $5,183.30 | 25 |
| 14 | CONSTRUTORA Norberto Odebrecht | CONSTRUCTION | $4,101.50 | 34.6 |
| 15 | INDRA | MULTISECTOR | $4,011.60 | 61.4 |
| 16 | GOL (1) | AIRLINES | $3,823.20 | Not Available |
| 17 | ANDRADE GUTIERREZ | MULTISECTOR | $3,641.20 | 38.7 |
| 18 | NATURA | PHARMACEUTICAL CHEMISTRY | $2,966.70 | 12.1 |
| 19 | FIBRIA | PAPER PULP | $2,952.90 | 58 |
| 20 | WEG | MANUFACTURING | $2,915.10 | 44.5 |
| 21 | Suzano Pulp and Paper | PAPER PULP | $2,428.30 | 78 |
| 22 | MINERVA | FOOD | $2,329.30 | 70 |
| 23 | INTERCEMENT | CEMENT | $2,244.60 | 39 |
| 24 | KLABIN | PAPER PULP | $1,963.30 | 25.5 |
| 25 | CONST. E COM. Camargo Correa (1) | CONSTRUCTION | $1,945.80 | 18 |
| 26 | RANDON PART (1) | AUTOMOTIVE AUTO PARTS | $1,815.60 | Not Available |
| 27 | Marcopolo | AUTOMOTIVE AUTO PARTS | $1,766.80 | 26.7 |
| 28 | Find (1) | LOGISTICS | $1,483.80 | Not Available |
| 29 | ESPADRILLES | MANUFACTURING | $1,462.40 | 28 |
| 30 | TIGER (PIPE CONNECTION) (1) | CONSTRUCTION | $1,098.10 | 24 |
| 31 | TOTVS | TECHNOLOGY | $682.10 | 1,7 |
| 32 | Arezzo (1) | CONSUMER GOODS | $411.10 | Not Available |
| 33 | METALFRIO | ELECTRO. | $344.10 | 52.1 |
| 34 | LUPATECH | MANUFACTURING | $261.60 | 7,1 |
Note:
(1) – Estimated Sales Data
The actual rank of these companies in the complete top 100 list is not depicted above.
Source: América Economía
Here are a few observations:
- Food producer JBL Group has the most of sales per employee earned from operations abroad. It is the top ranked Brazilian multinational based on this factor.
- Some of these firm trading on the US exchanges include: Brazil Foods (BRFS), Vale (VALE), Petrobras (PBR), Embraer(EBR), GOL(GOL), etc.
- In terms of absolute annual sales oil giant Petrobras tops the ranking.
- None of the financial firms made it to the list.
Disclosure: Long Petrobras, Ultrapar
