In an era where global commerce transcends borders, trade relationships between Brazil and Ireland have strengthened.
However, many bilateral opportunities between Brazil and Ireland, especially within the fast growing tech sector, have yet to be fully tapped.
Now is an opportune time for Irish tech companies to establish a strong presence in one of the world’s largest digital markets and expanding tech landscapes.
Ireland already exports some €1.175 billion worth of services to Brazil annually, but most of this focuses on just a few sectors like operational leasing services. There is a lot more room to grow, especially in tech and digital services.
With Ireland’s reputation as a tech hub and Brazil being the world’s fifth biggest online market, with over 149 million internet users, there are immense opportunities for innovation, growth and mutual success.
In fact, Irish companies active in Brazil have reported revenue growth, with almost half (46%) earning over €100,000 per year, while 30% of Irish companies in Brazil generate more than half a million Euros annually.
This ebook showcases the viability of the Brazilian market for Irish tech businesses.
However, success in Brazil does not come without its challenges. The Brazil and Ireland Business Report analyzes the current state of tech trade between these countries, highlighting potential challenges and offering strategies to overcome them.
This report, commissioned by the Irish Business Network Brazil (IBNB) with the support of the Irish Department of Foreign Affairs, provides valuable insights for stakeholders interested in tech trade between Ireland and Brazil.
Download the report now and find out more about Ireland-Brazil tech trade, and the opportunities available.
This report highlights the potential for new partnerships and for areas where further collaboration might be pursued. The Embassy and the Consulate in São Paulo welcome this focus as we are all tasked with assisting our economies to recover from the impact of the COVID pandemic. There has perhaps never been a more appropriate time to engage on these issues in Brazil.
I hope that this study helps to generate interest and opportunities and to stimulate discussion and follow up in the future. [….] It is a very welcome contribution to our ongoing dialogue as we seek to move our economies forward, create employment and identify further opportunities in the future.
Seán Hoy,
Irish Ambassador to Brazil
