Economy
The industrial sector is the largest component of GDP at 42.6%, followed by the service sector at 41.1%. Agriculture represents 16.3% of GDP (2004). Rio Grande do Sul exports: footwear 18.1%, soybeans 14.2%, tobacco 13.6%, vehicles 8.1%, frozen meat 7.2%, chemicals 6.8%, and leather 5.3% (2002).
Share of the Brazilian economy: 6.7% (2005).
One of the most prosperous Brazilian states, Rio Grande do Sul is known especially for its grain production, viticulture, ranching, and for its considerable industrial output.
In 1827, emigrants from Idar-Oberstein discovered the world’s most important agate deposit in Brazil’s state of Rio Grande do Sul. As early as 1834, the first delivery of agate from Rio Grande do Sul had been made to Idar-Oberstein. The Brazilian agate exhibited very even layers, much evener that those seen in the local agates. This made them especially good for making engraved gems.
Read more about this topic: Rio Grande Do Sul
Famous quotes containing the word economy:
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?”
—Doris Lessing (b. 1919)