page_title: São Paulo (state)
section_title: Economy
hierarchical_section_title: São Paulo (state) / Economy
caption_attribution_description: Visita a Microbacia de João Ramalho - João Ramalho - SP, Brasil.
context_page_description: São Paulo is one of the 26 states of the Federative Republic of Brazil and is named after Saint Paul of Tarsus. As the richest Brazilian state and a major industrial complex, often dubbed the "locomotive of Brazil", the state, which has 21.9% of the Brazilian population, is responsible for 33.9% of the Brazilian GDP. São Paulo also has the second-highest Human Development Index and GDP per capita, the fourth-lowest infant mortality rate, the third-highest life expectancy, and the third-lowest rate of illiteracy among the federative units of Brazil, being by far, the safest state in the country. The homicide rate is 3.8 per 100 thousand as of 2018, almost 1/4 of the Brazilian rate. São Paulo alone has a bigger economy than Argentina, Uruguay, Paraguay, and Bolivia combined. The economy of São Paulo state is the most developed in Brazil. São Paulo is also the world's twenty-eighth-most populous sub-national entity and the most populous sub-national entity in the Americas.
context_section_description: In 2009 the service sector was the largest component of GDP at 69%, followed by the industrial sector at 31%. Agriculture represents 2% of GDP. The state produces 34% of Brazilian goods and services. São Paulo (state) exports: vehicles 17%, airplanes and helicopters 12%, food industry 10%, sugar and alcohol fuel 8%, orange juice 5%, telecommunications 4% (2002).
  São Paulo state is responsible for approximately a third of Brazilian GDP. The state's GDP (PPP) amounts US$1.221 trillion dollars, making it also the biggest economy of South America and one of the biggest economies in Latin America, second after Mexico. Its economy is based on machinery, the automobile and aviation industries, services, financial companies, commerce, textiles, orange growing, sugar cane and coffee bean production.
  São Paulo, one of the largest economic poles in both Latin and South America, has a diversified economy. Some of the largest industries are metal-mechanics, sugar cane, textile and car and aviation manufacturing. Service and financial sectors, as well as the cultivation of oranges, cane sugar and coffee form the basis of an economy which accounts for 34% of Brazil's GDP (equivalent to US$727.053 billion).
  The towns of Campinas, Ribeirão Preto, Bauru, São José do Rio Preto, Piracicaba, Jaú, Marilia, Botucatu, Assis, and Ourinhos are important university, engineering, agricultural, zoo-technique, technology, or health sciences centers. The Instituto Butantan in São Paulo is a herpetology serpentary science center that collects snakes and other poisonous animals, as it produces venom antidotes. The Instituto Pasteur produces medical vaccines. The state is also at the vanguard of ethanol production, soybeans, aircraft construction in São José dos Campos, and its rivers have been important in generating electricity through its hydroelectric plants.
  Moreover, São Paulo is one of the world's most important sources of beans, rice, oranges and other fruit, coffee, sugar cane, alcohol, flowers and vegetables, maize, cattle, swine, milk, cheese, wine, and oil producers. Textile and manufacturing centers such as Rua José Paulino and 25 de Marco in São Paulo city is a magnet for retail shopping and shipping that attracts customers from the whole country and as far as Cape Verde and Angola in Africa.
  In agriculture, it is a giant producer of sugar cane and oranges, and also has large production of coffee, soy, maize, bananas, peanuts, lemons, persimmons, tangerines, cassavas, carrots, potatoes and strawberrys.
  In 2020, São Paulo continued to be the largest national producer of sugar cane, with 341.8 million tons, responsible for 51.2% of production.
  About oranges, São Paulo is the main producer in the country and responsible for 77.5% of the national total. In 2020, production was estimated at 13.7 million tons, or 334.6 million boxes of 40.8 kg. Most of it is destined for the industrialization and export of juice.
  In 2017, São Paulo represented 9.8% of the total national production of coffee (third place).
  The state of São Paulo concentrates more than 90% of the national production of peanuts, and Brazil exports around 30% of the peanuts it produces.
  São Paulo is also the largest national producer of banana, with 1 million tons in 2018. The country produced 6.7 million tons this year. Brazil was already the 2nd largest producer of the fruit in the world, currently in 3rd place, losing only to India and Ecuador.
  The cultivation of soy, on the other hand, is increasing, however, it is not among the largest national producers of this grain. In the 2018/2019 harvest, São Paulo harvested 3 million tons (Brazil produced 120 million).
  São Paulo also has a considerable production of maize (corn). In 2019, it produced almost 2 million tons. It is the sixth largest producer of this grain in Brazil. State demand is estimated at 9 million tons, for animal feed, which requires the State of São Paulo to buy corn from other units of the Federation.
  In the production of cassava, Brazil produced a total of 17.6 million tons in 2018. São Paulo was the third largest
caption: Cattle in João Ramalho
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