What is an emerging market? An emerging market or developing market economy is defined as an economy with low-to-middle income. Such countries constitute approximately 80% of the global population, representing about 20%of the world’s economies.[1] These countries are starting to participate globally by implementing reform programs and undergoing economic improvement. In recent years, with the development of economy, Brazil is becoming more and more prosperous. Possessing large and well-developed agricultural, mining, manufacturing, and service sectors, Brazil‘s economy outweighs that of all other South American countries, and is expanding its presence in the world markets. Brazil has a stable domestic environment, its GDP growth is higher and higher, the currency policy benefits so many people including some foreign business men who invest much money in Brazil. But, according to these facts, is Brazil now an emerging market? This article just focuses on Brazil’s international trade, Iron ore exports, soybeans exports, coffee exports, beef export and chemical products imports, wheat import, and then analyzes the situation of Brazil’s international trade to show that Brazil is an emerging market.
Brazil's economic history has been influenced remarkably by international trade trends and policies. Successive cycles of export booms in such commodities as sugar, gold and diamonds, rubber, and coffee played major roles in Brazilian development before World War II. In the 1930s, the collapse of coffee prices signaled a turn inward, resulting in a nascent industrialization. In succeeding decades, industrial development was fostered deliberately through restrictive trade policies, making Brazil a relatively closed economy by the mid-1960s. Only in the early 1990s did Brazil begin significant liberalization of its trade policies, and even these reforms were modest by

[1] Reem Heakal, “What Is An Emerging Market Economy? www.investopedia.com/articles/03/073003.asp, July 30, 2003

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