Minas Gerais Economy by Business Sectors



Minas Gerais stands out in several productive sectors, and in the roots of the people of Minas Gerais reside the reasons for this quality.

Minas Gerais is ‘Minas Gerais’ essentially for its human capital. People from Minas Gerais (the “mineiro”) have the capacity for reflection and ingenuity – leading to exceptional results in the contemporary productive segments.

Minas Gerais environment of innovation

In Minas Gerais there are 10 National Institutes of Science and Technology (INCT), which together with the public research centers (Fiocruz, Funed), technological parks and private research centers linked to companies, give Minas Gerais a consistent position in Research and Development.


Minas Gerais has its own agency dedicated to finance scientific and technological research projects, FAPEMIG – Fundação de Amparo à Pesquisa do Estado de Minas Gerais (Support Foundation for Research of the State of Minas Gerais). Projects proposed by researchers, universities and other research institutions are judged by merit and relevance for the development of Science in Minas Gerais.

SIMI – Sistema Mineiro de Inovação / Minas Gerais State Innovation System

A pioneering initiative in the country promoted by the State Secretariat for Economic Development, Science, Technology and Higher Education – SEDECTES and FAPEMIG. SIMI works on three fronts: promoting a culture of innovation and technology-based entrepreneurship, promoting technological transfer and creating high-impact new companies. SIMI articulates the actors of the innovation ecosystem, involving government, companies, scientific and technological institutions.


Online platform that offers the user a dynamic experience of access to a large public database. Developed in free software, DataViva allows easy and intuitive access to the data on the Brazilian and the State economy.

Developed in partnership with researchers from the MIT, Media Lab (one of the main centers of innovation in the world), the platform presents an unprecedented solution in the country, based on databases provided by the Ministry of Labor and Social Security (MTPS), Ministry of Development, Industry and Foreign Trade (MDIC), Ministry of Education (MEC) and Ministry of Health.

One of the pillars of the design of DataViva is the technology of BigData, technique of generating knowledge and intelligence from the processing of a large volume of data. Based on international references, the project provides, in its current version, national data of the last ten years, referring to the economy, education, industry, professional market, health, among other categories, accessed by locality.

Entrepreneurial and Digital Minas Gerais

The local startups community has been recognized and comprises 591 companies (Brazilian Association of Startups, 2017) with countless projects that consolidate the important position of the sector.


SEED (Startups and Entrepreneurship Ecosystem Development), is the program of the Government of Minas Gerais to encourage the creation and development of startups ecosystem, for national or foreign entrepreneurs, with technology-based projects.

The program is based in the Centoequatro Space.

San Pedro Valley In Belo Horizonte

This important cluster located in the San Pedro district of the capital of the State of Minas Gerais – called San Pedro Valley – consists of more than 250 technology-based companies (startups), 8 accelerators, 2 business incubators, 10 coworking spaces and 5 venture capital companies (INDI, May / 17).

In this scenario, we also highlight projects and events such as Digital Hub Project (minasdigital.mg.gov.br), , the startups of the Raja Valley, Fiemg Lab and Café Atmosfera and the hosting of the great innovation meeting: Feira Internacional de Inovação e Tecnologia – FINIT  (Technology and Innovation International Fair).

Companies: Agrosmart, Hotmart, Méliuz, Qranio, Sympla.


Creative economy

1.The creative and knowledge economy is consolidated in Minas Gerais in the various forms of artistic production, fashion, audiovisual industry, gastronomy, architecture, precious stones and design – among others.

P7 Creativo

Among some important initiatives, P7 Creativo Agency stands out, with its 1st phase installed on Afonso Pena Avenue and a definitive ambitious project in the center of Belo Horizonte. P7 will be the largest vertical pole of Brazil’s creative economy.

Arts and crafts

The most sophisticated artisanal production in Brazil is in Minas Gerais. Craftsmen use their skills to create decorative pieces, jewels, utensils, toys, furniture, among other works of art – made from various types of materials such as soapstone, wood, straw, cloth, clay, metal and stone among dozens of others.

Central Mãos de Minas has existed for 30 years, initially as a government project and later  as an association of artisans.

Its objective is the valorization and dissemination of the state’s handicraft and it  organizes the largest Brazilian handicraft fair.

Textile and clothing

A well-established activity in the state, the textile industry has about 1,200 factories, 7.3% of the total in Brazil.

In recent years, the industry has invested in technological modernization, new products, cost reduction. improvement in quality and new management models.

The Minas Trend Preview initiative, promoted by the Federation of Industries of the State of Minas Gerais (FIEMG), stands out, consolidating itself in the Brazilian fashion calendar as one of the main fashion shows setting trends.

Footwear and bags

Minas Gerais is an important footwear and bags producer state in Brazil. The industry covers more than 3,000 companies, mostly small and medium-sized enterprises.

Nova Serrana, the state’s main production hub, and the third largest in Brazil, is located in the Center-West of Minas Gerais, 125km far from Belo Horizonte.

Eelectronics and information technology

Minas Gerais emerges as one of the national leaders in the area of microelectronics and ICTs.

In the area of IT, it has 5 thousand companies, with annual sales of around R$ 2.4 billion and generation of 33 thousand direct jobs.

Minas Gerais has 2 large data center companies: Ativas, in Belo Horizonte and Algar Tecnologia, in Uberlândia.

Belo Horizonte is an important software hub and the state is home to important information technology companies, such as Google (Research and Development Center), SAP and Microsoft Operations, Algar Tech, Avenue Code, Infosys, Sankhya and Totvs.

Minas Gerais also concentrates one of the main poles of development of nanotechnology and electronic industries of communication, automation and semiconductor production – “wafers”. The State also hosts the second largest industrial pole of suppliers for the electric power sector in the areas of generation, transmission and distribution.

In the metropolitan area of Belo Horizonte, there are important companies such as Toshiba, GE Healthcare, Philips and Unitec Semiconductors, the first semiconductor plant in Latin America.

In the area of research on organic electronics, especially solar energy, CSEM Brazil, a private non-profit applied research center – and its subsidiary – SUNEW, focused on the production of organic solar panels, both based in Belo Horizonte.

Electronic Valley – Santa Rita Do Sapucai

The Santa Rita do Sapucaí Electronics Valley is made up of three educational institutions and 153 companies from diverse sectors, ranging from computers to telecommunications, and it generates 14 thousand direct and indirect jobs. Not by chance, the place is compared to the Silicon Valley, created at the same time, in the 1950s.

More than 13 thousand products are manufactured in the city, which left part of the tradition of coffee and milk production, to stand out in the universe of wires, boards and software. Santa Rita has launched important products such as the electronic passport chip and the national digital TV transmitter.

MGTI Program

It is worth mentioning MGTI 2022 Program, focused on the expansion of world-class companies in Minas Gerais, coordinated by the main associations of the sector – FUMSOFT, ASSESPRO, SUCESU and SINDINFOR.


Photo: Porto Tecnológico Santa Rita do Sapucaí / Credits: Diário do Comércio

Biotechnology And Life Sciences – Vocation for Health

The economic vocation of Minas Gerais diversifies, especially in the health and life sciences segments. The State stands out for housing hospitals, laboratories and clinics of excellence in care and procedures. Another reference, more and more evident, to the point of ensuring the State the vanguard in the Brazilian export agenda, is the biotechnology sector. This segment, with its items of advanced technology and high added value, is responsible for increasing agricultural productivity, for the development of new medicines, vaccines, medical devices, diagnostic systems and innovations in the area of biofuels.

Animal semen and embryos, intraocular lenses, heart valves and insulin medications are listed in Minas Gerais trade balance, and in the last three years, the State is the largest exporter in the world. The sector has become a priority in the State’s development strategy and has entities such as BDMG, BNDES, Sebrae, CNPQ, Finep, Fapemig, universities, scientific institutions and research centers as their supporters and incentivators. These and other factors make investors and entrepreneurs find in the State, where there are already about 400 companies in this segment.

The productive chain of the sector is monitored closely and finds special collaboration for its growth in two allies: Biominas Brasil, an entity that acts nationally and internationally to promote business impact in life sciences. With its core business and initiatives focused on entrepreneurship and innovation, it supports biotechnology projects from conception to expansion. Likewise, Associação Nacional de Empresas de Biotecnologia e Ciências da Vida (Anbiotec), the National Association of Biotechnology and Life Sciences Companies, a non-profit private entity, assists the industry by encouraging cooperation between companies and encouraging entrepreneurship and competitiveness of micro and small businesses and startups.

Creativity, talent and research are responsible for the discovery of innovative products that place Minas Gerais in an even more promising market scenario. Case of Alamantec, a company of the Labfarm group that developed, with the support of the Federal University of Minas Gerais (UFMG), a formula that stimulates hair growth in a non-aggressive manner to the human body and without side effects. Industrialization and marketing are already guaranteed, with a monthly initial production of 100 thousand units of the product.

Another example comes from the startup born of the Federal Center for Technological Education of Minas Gerais (Cefet-MG), Biomimetic Solutions, which created the biodegradable platform – called Scaffold – to develop tissues and organs outside the human body. Aiming at the cosmetic and pharmaceutical industries, the materials may have application in research and testing, therapies and replacement of damaged tissues, as in the case of burns, avoiding the use of animals in research, among other benefits.

Regional Heavy Investments

The regions of Triângulo Mineiro, Alto Paranaíba, Zona da Mata, Campo das Vertentes and the Metropolitan Region of Belo Horizonte are on the biotechnology route. The state capital is considered the largest biotech cluster in Brazil. It is also prominent in the international markets, especially in Latin America, for contracts generated in the areas of human and animal health, environment and agribusiness. In the same areas, there are also major university centers with graduation and specializations in biotechnology. Based on a pre-existing vocation, the municipality of Nova Lima created, in July 2017, a Clean Development Zone to attract businesses, including biotechnology ones. Biomm, the drug industry, is settling in as one of the anchors of the venture.

Pouso Alegre, in the South of Minas, has been established as a drug pole. The city received, in ten months, investments of R $ 30 million from Nutracon, a company of the Cimed group, for the construction of a factory of food supplements and multivitamin complexes. Another R $ 100 million previously announced by the same company to a solid drug factory, totaled 130 million of a single group in the municipality. Another company, Biolab Farmacêutica, announced the transfer of three plants and a distribution center in the interior of São Paulo to the city of Minas Gerais, with a contribution of R $ 450 million.

Montes Claros, in the north of Minas Gerais, will receive the first mining unit of the multinational Eurofarma, which will produce antibiotics in the new industrial district of the municipality. The total investment announced in August 2017 is R $ 600 million,  with the promise of generating 500 direct jobs in three years.

One important company in Belo Horizonte is Hermes Pardini, which mainly operates with modern laboratories (lab to lab) and has recently opened its capital to fund its expansion to other brazilian states.

Companies: Abbot, Alta Genetics, Biomm, Ceva Hertape, Cimed, Cifarma, Convidien, Pharlab, GE Healthcare, Hermes Pardini, Labtest, Microvet, Novo Nordisk, Osório de Moraes,  Philips Healthcare, St. Jude Medical, Visontech, among others.


Aeronautical Sector

The aeronautical sector in Minas Gerais has national prominence, due to the high qualification of the educational institutions and the presence of important companies, such as Embraer, which owns an R & D center in Belo Horizonte; Helibras, the only helicopter manufacturer in Latin America; IAS (industry supplier); and GOL, with its advanced maintenance center located near Belo Horizonte International Airport.

ALISS032:Helibras43 03/10/12 CREDITO:ALISSON J. SILVA

Photo: Helibrás / Credits: Diário de Comércio

Transportation and Automotive Sector

Minas Gerais stands out as the second largest automotive hub in the country, responsible for the assembly of about 15.4% of vehicles produced domestically (vehicles, parts, trucks, tanks, commercial vehicles and tractors).

The industrial unit of Fiat Chrysler Automobiles (FCA), located in Betim, is the largest manufacturing plant of the Group in the world and has a production capacity of 800 thousand vehicles per year.

Minas Gerais is also home to many Fiat Group companies in the country, which occupy leadership positions in almost all sectors in which they operate. The main activities of the group are concentrated in the production and sale of cars and trucks (FCA and Iveco); development and production of engines and transmissions (FPT – Powertrain Technologies); production of parts in iron and aluminum for the national and international automobile industry (Teksid do Brasil); manufacture of agricultural and construction machinery (CNH); production and marketing of automotive components (Magneti Marelli); supply of industrial automation equipment (Comau); in addition to consulting, finance and insurance companies.

Also noteworthy is the significant and diversified autoparts supplier park installed in Minas Gerais (72 companies associated with SINDIPEÇAS Trade Union), and the Mercedes Bens assembly plant in Juiz de Fora.

The State is also the main producer of locomotives in Brazil. The main manufacturers are located in Contagem, GE Transportation, and in Sete Lagoas, EMD Equipamentos e Serviços Ferroviários, subsidiary of the American Caterpillar.

Main companies: EMD (Caterpillar), FCA (Fiat), GE Transportation, Iveco, Landini, Mercedes Benz.

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Photo: Iveco / Credits: Diário do Comércio


Mining and Metallurgy

Historically – and also today – Minas Gerais leads the Mineral and Metallurgical Industries in Brazil. The name “Minas Gerais” refers to “mine”, in view of the great mineral reserves and  more than 300 mines operate in Minas Gerais (40% of the great mines of Brazil).

According to a study by the Getúlio Vargas Foundation (FGV) for IBRAM and SINFERBASE, the State of Minas Gerais accounts for almost half of the total value generated by the Brazilian Mineral Industry (without oil and natural gas) and is estimated to generate direct impacts and indirect taxes of the order of 1.31% in the total Brazilian GDP.

By product, there is a concentration in metallic minerals (90%) – especially iron ore – with the remaining 10% represented by non-metallic minerals: in fact, Minas Gerais has an important role in Brazil’s production of iron ore (66% ), as well as niobium, zinc, lithium, phosphate and lime, among others – also prominent for ornamental stones, gems and precious stones.

It is important to emphasize that the state is the most important niobium producer in the world, especially CBMM – located in Araxá, MG.

The State of Minas Gerais is the most important in steel production among Brazilian states (32.1% in 2015). Some of the main steel production units that belong to the largest groups of companies in the area are present in Minas Gerais, such as Arcelor Mittal, Gerdau, Usiminas, Vallourec and VSB (Vallourec and Sumitomo).

Minas Gerais is the second largest hub for the production of cast products, such as iron, steel, aluminum, bronze, lead and tin, producing 1.7 million tons in 2012, with 16% destined for export.

Major mining companies operating in Minas Gerais: Anglo American, Anglo Gold, Arcelor Mittal, BHP Bilinton, CBL, CBMM, Jaguar Mining, Kinross, Vale, Yamana Gold.

When it comes to mining, as it is said in the industry jargon,”an elephant is sought after in elephant land”, and  the geology of the state – well known – is without a doubt favorable to the existence of significant mineral reserves, international class ones such as  the so called “Iron Quadrangle of Minas Gerais”, one of the most known, expressive and important Mineral Provinces in the world. – José Mendo Mizael de Souza, President of the Mining and Metallurgy Council of ACMinas.

The investor in Mining, Metallurgy, Iron and Steel, Ferrous Alloys, Ferroalloys, Casting, Cement and other mineral-based industries in Brazil must first consider the State of Minas Gerais, for its natural  vocation for Mining and Siderurgy  –  José Mendo Mizael de Souza, President of the Mining and Metallurgy Council of ACMinas.



Photo: Usiminas / Credits: Diário do Comércio

Ornamental Rocks

Minas Gerais is one of the main producers of granite, slate, quartzite, marble, soapstone and serpentinite, serving the national and international markets with approximately 160 commercial varieties.


Several of the main international and national manufacturers have plants in Minas Gerais – such as Lafarge Holcim, Cimentos Liz, CSN, Brennand, Intercement and Votorantim Cimentos – whose history and results prove the state to be highly competitive in the production and commercialization of this fundamental input of the Civil Construction Industry.

Civil Construction

Great generator of jobs, income and taxes, the construction industry in Brazil is very relevant for the country’s economy. According to data from CBIC – Brazilian Chamber of Construction Industry – Civil Construction accounts for approximately 6% of our GDP.The landscape is the same in Minas Gerais. In addition, civil construction has a major impact on the environment. About 60% of Construção Civilthe total solid waste produced in Brazilian cities originates in civil construction.

Good examples include Precon Engenharia – which has developed a technological and innovative solution, using as a premise the DNA of the construction industrialization company, and having sustainability as the main pillar. From this initiative ‘Solução Habitacional Precon – SHP (Precon Housing solution) has come into existence.

Main companies located in Minas Gerais: MRV Engenharia, Andrade Gutierrez Engenharia, Direcional Engenharia, ARG Group, Emccamp Residencial, Construtora Barbosa Mello, Empresa Construtora Brasil, Odebrecht Ambiental, AG Constructions and Services, Construtora Artepa, Construtora Cowan, among others.


Several of the main international and national manufacturers have plants in Minas Gerais – such as Lafarge Holcim, Cimentos Liz, CSN, Brennand, Intercement and Votorantim Cimentos – whose history and results prove the state to be highly competitive in the production and commercialization of this fundamental input of the Civil Construction Industry.

Credits: Diário do Comércio




An important sector in Minas Gerais, Agribusiness is prominent in agriculture, and in the food industry and throughout its value chain.

An environment of innovation and knowledge characterize the sector – which counts on important universities and qualified teams of biologists, agronomists and engineers working continuously to increase productivity.


Brazilian leader in coffee beans production, Minas Gerais produced 26.8 million bags, which represent 58% of Brazilian production in 2016.

Coffee leads international agribusiness sales, and is the second most exported product in the state (2016).

Coffee producers in Minas Gerais exported US $ 3.5 billion in 2016, 47.9% of the state’s total agribusiness exports.

Coffee production attracts important projects, such as the Dolce Gusto Nestlé capsule factory in the municipality of Montes Claros, installed in 2015.

It is worth mentioning, The  International Coffee Week, held in Belo Horizonte since 2013. It is the main meeting of the coffee production chain, with an extensive program of simultaneous events, meetings, seminars, courses, competitions and ‘cupping’ sessions, divided in three thematic axes: Market & Consumption, Knowledge & Innovation, Business & Entrepreneurship. 






Minas Gerais is the Brazilian state that produces the most milk. In 2016, 9.1 billion liters were produced, which is equivalent to 26% of national production.

It has the second largest cattle herd, with more than 24 million animals.

The great supply of raw material attracts processing units from the largest dairy companies operating in Brazil. Among them is Nestlé, which has its largest powdered milk factory located in Minas Gerais; Danone, which installed in Poços de Caldas its largest yogurt and nutritional care products factory; Itambé, the largest dairy cooperative in Brazil; Jussara and Porto Alegre businesses. Also noteworthy are Embaré and Cemil companies.


In 2016 the state’s total harvest was 13 million tons, 6th state producer in the national ranking.

Corn and soybean are the main products and account for about 90% of the volume produced in the state.

The main production pole of soybeans is located in Unaí, in the northwest region. The three major multinational companies, Cargill, ADM, Louis Dreyfus Commodities have important facilities in Minas Gerais, and are active in the processing and marketing of soybeans and other types of grain.

Jaiba Fruit Project

The Jaíba Project, the largest irrigated area in South America, transformed the northern region of Minas Gerais. The irrigated area used by the project corresponds to 66,000 hectares. Conceived in 1960, Jaiba has approximately 25,000 hectares of production. Jaíba produces approximately 1.3 million tons of fruit, vegetables and grains, as well as 900,000 tons of sugar cane used to make ethanol, sugar and bioenergy.

The focus of the project is the canary banana, with Jaiba being the largest producer in Brazil. It is also the largest producer of vegetable seeds.


It is important to note that the traditional local industry carries A LOT OF TECHNOLOGY. And it has a lot of potential to grow . – ACMinas


Sugar And Ethanol

Minas Gerais is the third largest producer of sugarcane in Brazil. In 2016, 73 million tons of sugar cane were produced, destined to the sugar mills (46.8%) and ethanol (54.2%). Also noteworthy is the production of electric energy from sugarcane biomass, about 700 MW of installed capacity.


Credits: Diário do Comércio


Food And Drinks

One of the main anchors of Minas Gerais economy, the food and beverage industries of Minas Gerais are distinguished by their diversity of sub-sectors and also by the wide representation of local, national and international brands.

In the beverage sector, the main players are the segments of cachaça, which is the most representative in number of industries, and craft beer, which is experiencing a moment of high growth in 78523the state. In the food industry, segments such as poultry products and dairy products stand out.

There are currently 850 beverage industries registered in Minas Gerais (Sindbebidas). Of this total, 510 are producers of cachaça; 70 of beer; 125 of juices; 70 soda and 75 other types of beverages, such as energy drinks.

The industries are spread throughout different regions of the State, with beer being produced mainly in Belo Horizonte and in the Metropolitan Region, Juiz de Fora, Zona da Mata, Triângulo Mineiro and in the South of the State. The soft drinks are mainly produced in the Central region and the Triangle. Juices and other types of beverages have industries concentrated in Zona da Mata and also in the Triangle. Cachaça  has its production quite spread, being the North region the one that most concentrates its production.

It is worthy mention  the importance of the sector to the state economy. “Only in state taxes in Minas Gerais, the sector collects R$ 1.5 billion in ICMS (Brazilian VAT equivalent) per year,  about 8% of all the ICMS collection of the state industry.

Photo: Salinas / Credits: Diário do Comércio

A positive scenario is set for artisanal beer producers: production is expected to grow 14% this year compared

to 2016. “The most prominent drink in the State today is artisanal beer. The consumer has sought differentiated products with high added value. The brewing events that take place in the State have contributed to the dissemination of the brewing culture. Gradually, this phenomenon also begins to happen in the countryside of the state.  It is also important to  highlight the recent recognition by the Government of Minas Gerais of the Local Productive Arrangement (APL) of Artisanal Beer of the Metropolitan Region of Belo Horizonte.

Among the largest factories of the segment installed in the State is Ambev plant in Uberlândia, in Triângulo Mineiro. The factory was built to be Ambev’s largest factory in the world with a production capacity of about 2 billion liters of beer per year. Inaugurated in February last year, the plant covers an area of 1.3 million square meters and had an investment of more than R$ 770 million.


It is important to know that traditional industry needs and works with a lot of CREATIVITY

Paulo Rabello de Castro, President of BNDES)


The food industry in Minas Gerais does not have a representative entity that centralizes all segments, but according to the Brazilian Association of Food Industries (ABIA), in general, the sector is doing well in the country, registering positive revenue even in the middle of the current economic crisis. Report released by the association earlier this year showed that the sector’s nominal revenue in 2016 grew 9.3% over 2015, closing the year with R$ 614.3 billion.

imagem 51Among the most representative segments of the food industry is poultry products. According to the Poultry Association of Minas Gerais (AVIMIG),  Minas Gerais has 28 chicken slaughterhouses with official inspection and an egg processing industry, located in Nepomuceno. The slaughterhouses are located in the Midwest, Triângulo Mineiro, Zona da Mata, Campos das Vertentes and Southern Minas Gerais. According to AVIMIG, the poultry sector in the State employs about 400,000 people in direct and indirect jobs.

The economic crisis and high input prices, such as corn, hurt the sector last year, which registered a small decline compared to 2015. But the entrepreneurs continue to “work hard” by implementing new technologies and keeping confident in the consumption of poultry products.  The representativeness of the sector in Minas Gerais in relation to Brazil: “In the chicken sector, production in Minas Gerais represents almost 8% of the national production. In the egg processing industry, production in the State represents 13% of the country, which makes us the second largest national producer,”.

Photo: Mercado Central / Credits: Fernando Rabelo

Another segment that contributes significantly to the food industry in the state is dairy. According to the Dairy Industry Union of Minas Gerais (SILEMG), the state now has more than a thousand establishments in the segment, among dairy factories, processing plants and refrigeration stations, which employ 34 thousand people. The main producing regions are Triângulo Mineiro and Alto Paranaíba, followed by the southern region of the State. The union expects the segment to grow 4% in revenues in 2017 compared to 2016.

Among local food industries is Faleiro Food Service, specializing in the production of frozen food. The company grew 45% in 2016 compared to 2015 and the expectation for this year is to grow about 40% over last year.

Another giant of the state is Pif Paf Foods industry, processing industry for poultry, pork, pasta and vegetables. The company has more than 80 thousand customers, 300 products in the portfolio, and a production of 20 thousand tons per month. In 2016, Pif Paf grew 9% compared to 2015 and now plans to double its revenues in four years, from R$ 1.9 billion in 2016 to R$ 4 billion in 2020.

The company has been operating for almost 50 years in the Southeast and Center-West regions and has four manufacturing units in Minas: Visconde de Rio Branco (poultry), Viçosa (sausages), Leopoldina and Patrocínio (pork). All in all, it promotes the slaughter of 74 million birds and 554 thousand pigs per year. Pif Paf is the largest company in the Southeast region and the 7th in the country in the poultry and pork sector, according to the 12th Yearbook of Best in Agribusiness 2016 – Globo Rural, by Editora Globo.

Big names in the chocolate industry, such as Belgium-Swiss Barry Callebaut, Kopenhagen (CRM group), Pandurata Alimentos (Bauducco) and the Italian group Ferrero have all chosen Minas Gerais to install its units, which are concentrated in the South of the state.

Also in Minas Gerais are Coca Cola-Femsa (Itabirito and other facilities), Uberlândia Refrescos and BR Foods (Uberlândia).

Companies and brands: Ambeb, Aymoré, BRFoods, Baker, Barry Calebot, Bauducco, Coca Cola Femsa, Falke Bier, Ferrero Rocher, Kopenhagen, Krug Bier, Salinas, Uberlândia Refreshments, Green Valley, Walls


The cattle herd in Minas Gerais is about 24 million heads, 11.2% of the Brazilian total.

The export of meat (beef, pork, poultry, among others) totals about US $ 800 million, second place in agribusiness exports of the state.

Among the state’s main slaughterhouses are JBS Friboi, the world’s largest animal protein producer, BRF Foods and Minerva.

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Créditos: Diário do Comércio

Paper and Cellulose

Minas Gerais produced approximately 8.23 million m3 of log wood for paper and cellulose, equivalent to 10.71% of Brazilian production (2015).

Exports of pulp and paper accounted for US $ 506 million (2016), 2.31% of exports from the State.

Cenibra and Klabin are important companies of the sector in Minas Gerais.


The major state in reforestation in Brazil, Minas Gerais has 1.53 million planted hectares, 25.5% of the planted area of the country.

Services and Trade

Responsible for expressive 64% of the Gross Domestic Product – GDP of Minas Gerais, the service sector in the state has been increasing its participation in the generation of wealth and jobs in the last decades.

About 71.5% of the formal employees in Minas Gerais work in some public or private organization in the tertiary sector of the economy. By the number of jobs generated, the large employers are: commerce, public services, administrative activities, transportation, health and social services, education, housing and food, specialized services and financial activities.

Several state companies stand out, in the Brazilian context, for their revenues in the segments in which they operate. In the oil derivatives trade, for example – ALE Fuels; in medicine retail, Araújo Drugstore, in sales of electrical appliances, Ricardo Eletro and in the supermarket sector, BH Supermarket, DMA Group and Bahamas Supermarket. In the wholesale market, groups such as Arcom, Martins, Megafort, Tambasa and Vila Nova Group stand out nationally.

Also in the car leasing segment, Minas Gerais (Belo Horizonte) stands out as the headquarters of the largest leasing company in Latin America, Localiza, which holds 33.7% of the Brazilian market and the Leasing Company of the Americas (Locamérica).

The metropolitan area of Belo Horizonte also consolidates itself as a center for specialized services in the area of business consulting – such as Falconi Consultores de Resultados, Instituto Aquila, which originated and keep their headquarters in this region.

Minas Gerais has Brazil’s second largest security guarantee market. In the State, the largest national and international insurers are installed, with great capacity to guarantee risks in any area, with adequate coverage for business and investments.


Localiza, Grupo Algar, RV Tecnologia e Sistema, Elba Equipamentos e Serviços, Master Brasil, Empresa Gontijo de Transportes, Tora Transportes Industriais ,Unimed-BH, Instituto Hermes Pardini, Hospital Mater Dei e Vitallis Saúde


C&A, Lojas Marisa, Lojas Renner, Riachuelo, Ricardo Eletro, Casas Bahia, Ponto Frio, Lojas Americanas, Carrefur, Extra Hipermercado, Walmart, BH Shopping, Diamond Mal, Boulevard Shopping, Shopping Del Rey, Minas Shopping, Shopping Cidade, Shopping Estação BH and others.