Insights, Analysis and more

Feed your brain! Discover some mind-blowing facts and figures about dropshipping, ecommerce, digital marketing, social media and beyond.

#1 Dropshipping App on
Shopify
Based on 15,000+ reviews
Insights, analytics and more
HomeStatistics
/
Top Companies in Brazil

Top Companies in Brazil

Top Companies in Brazil

Brazil is home to some of the largest companies in Latin America, with industries ranging from banking and energy to agriculture and technology. When we look at the top 10 companies in Brazil, they represent not only the backbone of the national economy but also major players in the global market. Ranked by revenue, market cap, and sector influence, these corporations showcase Brazil’s economic power.

In this guide, we highlight the Brazil top companies, including leaders in finance, oil and gas, and consumer goods. You’ll also discover insights into industry-specific leaders, such as the top pharmaceutical companies in Brazil and the biggest sugar companies in Brazil, which drive exports and employment. Whether you’re an investor, researcher, or business enthusiast, this list provides clear, data-based insights into the largest companies in Brazil by market cap and revenue performance.

Brazil’s Corporate Landscape: Economic Drivers Underpinning Its Top 10 Companies

Brazil is the largest economy in South America—accounting for roughly a third of the region’s GDP—and ranks as the third-largest emerging market globally, trailing only China and India. Its real GDP growth has been notably robust recently, with 3.2% expansion in 2023, 3.4% in 2024, and forecasts ranging from 1.9% to 2.3% in 2025. Underlying this growth is strong domestic demand, fueled by social transfers and rising private consumption alongside a burgeoning labor market. Nevertheless, inflation remains elevated, prompting continued monetary tightening.

Brazil’s economy is anchored by farming, energy, mining, manufacturing, and finance—all sectors that house the largest companies in Brazil, driving both domestic output and global trade influence. In fact, the combined market capitalization of Brazil’s top publicly traded companies is estimated at $820 billion.

List of Top 10 Companies in Brazil by Market Cap

Brazil’s economy is powered by a mix of traditional heavyweights and fast-growing innovators. The top ten companies in Brazil reveal how sectors like energy, banking, mining, and fintech are shaping the country’s global economic presence. Let’s look closely at the four leading names that dominate the Brazil market cap ranking in 2025.

1. Petrobras – The Energy Giant

  • Market Cap: $72.49 billion
  • Industry: Oil & Gas

Petrobras (Petróleo Brasileiro S.A.) stands tall as Brazil’s most valuable company. It’s a global leader in offshore oil exploration and production and one of the biggest contributors to Brazil’s GDP. With government backing and massive infrastructure across the country, Petrobras has been central to Brazil’s growth for decades. It has also made strides toward renewable energy and emission reduction, aiming to align with global sustainability goals. Its dominance on the Brazilian stock exchange makes it a top pick for both local and foreign investors.

Petrobras

Petrobras remains a cornerstone of the largest companies in South America, offering both economic influence and investment potential in the long run.

2. Itaú Unibanco – Leading Financial Services

  • Market Cap: $55.73 billion
  • Industry: Banking & Financial Services

Itaú Unibanco is Brazil’s largest private bank and a key player in Latin America's banking system. It serves millions through a mix of physical branches and advanced digital platforms. The bank is known for its financial strength, customer-centric services, and early investments in mobile banking. It plays a critical role in the financial sector in Brazil, providing credit, investment services, and insurance products across multiple market segments. Itaú also actively supports startups and innovation through its corporate venture arms.

Itaú Unibanco

As one of the top Brazilian companies, Itaú consistently appears in the Ibovespa top companies index and is widely trusted for its transparency and leadership in sustainable finance.

3. Nu Holdings – Brazil’s Fintech Star

  • Market Cap: $52.22 billion
  • Industry: Fintech/Digital Banking

Nu Holdings, better known as Nubank, is one of the world’s most successful digital banks. It offers financial services to over 80 million users across Brazil, Mexico, and Colombia. What makes Nubank unique is its mobile-first, fee-free model that appeals especially to younger generations and underserved communities. The company has simplified personal banking and gained massive popularity for its user-friendly credit cards, savings tools, and loans. Its rapid growth has attracted investors from all over the world.

Nu Holdings

Nubank’s success reflects the rise of digital banks in Brazil, and it has become a major disruptor in a space traditionally dominated by large banks like Itaú and Bradesco.

4. Vale – Global Mining Powerhouse

  • Market Cap: $39.11 billion
  • Industry: Mining & Metals

Vale is a mining giant with deep roots in Brazil’s economy. It ranks as one of the top exporters of iron ore, nickel, and copper in the world. With operations on several continents and a strong logistics network, Vale plays a vital role in global steel production and industrial growth. It also invests heavily in sustainability and carbon-neutral initiatives, especially after facing challenges in past environmental disasters. Today, it’s focused on safer, cleaner, and more responsible mining practices.

Vale

Vale is a leader among Brazilian mining companies and continues to anchor Brazil’s place in global commodity markets, especially with rising demand from China and India.

5. Ambev – Beverage Market Leader

  • Market Cap: $36.76 billion
  • Industry: Food & Beverage

Ambev is Brazil’s largest beverage company and a major name across Latin America. It produces and distributes popular beer brands like Skol, Brahma, Antarctica, and international labels like Budweiser and Stella Artois. Ambev also operates in the soft drink space, partnering with PepsiCo for bottling and distribution.

Ambev

The company holds a strong position on the Brazilian stock exchange and continues to adapt to consumer trends by investing in sustainability, low-alcohol options, and non-alcoholic beverages. As one of the biggest companies in Brazil, Ambev remains a stable option for those looking at investment in Brazil through the consumer goods sector.

6. Banco Santander Brasil – A Banking Force

  • Market Cap: $22.67 billion
  • Industry: Banking & Financial Services

Banco Santander Brasil is the Brazilian arm of the Spanish banking giant Santander Group. It’s one of the top five banks in the country, offering services in retail banking, credit, insurance, and corporate finance. The bank focuses heavily on digital solutions, which makes it a strong competitor in a market where digital banks in Brazil are rapidly growing.

Banco Santander Brasil

Santander Brasil has a strong customer base across the country and continues to grow through innovation and acquisition. Its consistent performance keeps it among the Ibovespa's top companies, and a solid choice for those tracking the financial sector in Brazil.

7. WEG ON – Engineering & Innovation

  • Market Cap: $20.89 billion
  • Industry: Industrial Engineering / Manufacturing

WEG ON (WEG S.A.) is one of Brazil’s most respected industrial companies. It designs and manufactures electrical equipment, automation systems, and motors for sectors like energy, infrastructure, oil, and gas. WEG exports to more than 135 countries and is often seen as a symbol of Brazilian engineering on the global stage.

WEG ON

The company invests heavily in R&D and green technologies, including renewable energy solutions. As Brazil aims to modernize infrastructure and power systems, WEG ON plays a vital role in supporting that transition. It stands out in the Brazil market cap ranking as a reliable growth-oriented business.

8. BTG Pactual – Investment & Asset Management

  • Market Cap: $19.80 billion
  • Industry: Investment Banking/Asset Management

BTG Pactual is Latin America’s largest investment bank. It specializes in wealth management, asset management, and investment banking. The firm caters to high-net-worth individuals, institutions, and corporations looking for tailored financial strategies.

BTG Pactual

BTG is well-positioned in Brazil’s financial ecosystem, offering cutting-edge digital platforms alongside its traditional services. It actively supports startup funding and alternative investments, making it a favorite for investors looking beyond retail banking. Its performance on the Brazilian stock exchange shows growing demand for sophisticated financial services.

9. Banco do Brasil – Public Banking Pillar

  • Market Cap: $18.33 billion
  • Industry: Banking & Financial Services

Banco do Brasil is one of the oldest and most trusted financial institutions in the country. Founded in 1808, it continues to play a crucial role in Brazil’s economy. As a government-controlled bank, it handles a large share of public sector accounts and rural credit programs. It also offers retail and corporate banking services across all Brazilian states.

Banco do Brasil

With deep roots and a strong nationwide presence, Banco do Brasil combines tradition with modern banking tools. It has steadily upgraded its digital offerings to compete with both legacy banks and digital banks in Brazil. It remains a consistent performer on the Brazilian stock exchange, trusted by both conservative investors and government institutions.

10. Banco Bradesco – Traditional Yet Evolving

  • Market Cap: $17.97 billion
  • Industry: Banking & Financial Services

Banco Bradesco closes the list of the top ten companies in Brazil, but it’s far from being a small player. Known for its massive retail banking network, Bradesco serves millions of Brazilians through its physical branches and digital platforms. It has also made big moves in insurance, health plans, and digital banking.

Banco Bradesco

Bradesco is a staple in the financial sector in Brazil and is constantly investing in technology to modernize its services. It is part of the Ibovespa top companies and continues to adapt through AI-powered solutions, mobile-first banking, and partnerships with fintech firms. Its balanced mix of legacy systems and future-facing strategy makes it a strong contender for long-term investment in Brazil.

Top 10 Companies in Brazil by Revenue

When analyzing the largest companies in Brazil, revenue offers a clear picture of their economic impact and market dominance. Brazil’s corporate leaders span industries such as agribusiness, energy, mining, banking, and retail. Together, they not only drive domestic growth but also influence global trade, making them central players in South America’s economy. Below is the latest ranking of the top Brazilian companies by annual revenue:

  1. JBS (JBSS3.SA) – $235.10 Billion
  2. Petrobras (PBR) – $86.29 Billion
  3. Vale (VALE) – $36.60 Billion
  4. Itaú Unibanco (ITUB) – $27.39 Billion
  5. Banco do Brasil (BBAS3.SA) – $25.19 Billion
  6. Ultrapar Participações (UGP) – $24.34 Billion
  7. Atacadão (CRFB3.SA) – $20.82 Billion
  8. Banco Bradesco (BBD) – $20.25 Billion
  9. Ambev (ABEV) – $16.07 Billion
  10. Sendas Distribuidora (Assaí Atacadista) (ASAI3.SA) – $13.83 Billion

Top 10 Companies in Brazil by Employee Strength

Beyond revenue and market cap, workforce size reflects the operational scale and economic impact of a company. Brazil is home to some of the largest employers in South America, spanning industries like agribusiness, finance, retail, healthcare, and mining. These organizations not only dominate their sectors but also provide jobs to millions of Brazilians.

Here are the top Brazilian companies ranked by employee strength:

  1. JBS (JBSS3.SA) – 270,000 employees
  2. BRF (BRFS) – 100,000 employees.
  3. Sendas Distribuidora (Assaí Atacadista) (ASAI3.SA) – 87,000 employees
  4. Banco do Brasil (BBAS3.SA) – 85,953 employees
  5. Banco Bradesco (BBD) – 82,147 employees
  6. Multiplan Empreendimentos Imobiliários (MULT3.SA) – 70,416 employees
  7. Hapvida (HAPV3.SA) – 66,000 employees
  8. Vale (VALE) – 64,616 employees
  9. RaiaDrogasil (RADL3.SA) – 57,295 employees
  10. Banco Santander Brasil (BSBR) – 53,918 employees.

Conclusion

The top 10 companies in Brazil highlight the country’s strength as South America’s largest economy and a key player in global trade. From agribusiness leaders like JBS to energy giants such as Petrobras and financial institutions like Itaú Unibanco and Banco do Brasil, these corporations showcase Brazil’s economic diversity and resilience.

Measured by revenue, market cap, and employee strength, these companies not only dominate their industries but also drive employment, exports, and innovation. Whether in mining, banking, retail, or healthcare, the largest companies in Brazil remain the foundation of its corporate landscape and a reflection of its growing influence in global markets.

Launch your dropshipping business now!

Start free trial

Start your dropshipping business today.

Start for FREE
14 day trial
Cancel anytime

Start dropshipping

100M+ Product Catalog
Winning Products
AliExpress Dropshipping
AI Store Creation
Get Started — It’s FREE
BG decoration
Start dropshipping with Spocket
Today’s Profit
$3,245.00
Grow your buisness with Spocket
243%
5,112 orders