Active with Brazil 2022

Page 20

Upgrading participation in global value chains Brazil is one of the world’s largest economies, yet the role it plays on international markets is far from commensurate with its economic size. Making better use of its existing competitive strengths would provide significant opportunities for growth and productivity. It will also require an acceleration of Brazil’s integration into the world.

The OECD maintains 11 OECD Trade Facilitation Indicators (TFIs), which cover the full spectrum of border procedures for more than 160 economies. Brazil is included in the OECD TFI database. Despite performing better than many upper middle-income countries on a number of indicators, there is still room for improving the trade facilitation policy environment, and the OECD stands ready to support such efforts. Brazil has also been a member of the OECD Initiative for Policy Dialogue on Global Value Chains, Production Transformation and Development since 2018. Through this initiative, Brazil is sharing the country’s upgrading experience in the agro-food sector with other countries. Finally, recent OECD analysis, focused on examining how the changing structure of global production networks impacts productivity, provides useful insights to Brazilian policy-makers as they work to foster productivity growth and Brazil’s participation in GVCs. In particular, analysis of central hubs for production around the world reveals that, although Brazil was the most central Latin American country within global production networks in 2015, it has a less significant role compared to other countries globally. Brazil is highly central in primary sectors, such as mining and quarrying, but in many services and manufacturing industries it is relatively peripheral. www.oecd.org/sti/ind/measuring-trade-in-value-added.htm www.oecd.org/sti/ind/global-value-chains.htm

18 . ACTIVE WITH BRAZIL


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