Look at map which shows the states with the highest percentage of pig iron, steel, oil and natural gas. From the map, you can see why manufacturing is located in the south east states of Brazil. Since 1993, manufacturing growth as table shows has been real and significant in all areas and higher overall than both agriculture and services. This was mainly due to record rates of production in vehicles, steel and durable consumer goods. In the mid-nineties, Brazil was attracting money from overseas which is being effectively managed, used and made to show a profitable return.
Brazil has enormous reserves of many important minerals.
It also has major oil and gas reserves and untapped hydro-electric potential. These are the resources Brazil needs to increase its manufacturing base and help it become one of the world's most advanced industrial countries.