Rio de Janeiro

Economy

Only São Paulo is more economically important than Rio de Janeiro in Brazil. With a major port and international airport, Rio is an important industrial, financial, and commercial center. The city has a large tourism industry that appears to be bouncing back after years of decline. Rio remains the economic engine for a large regional area that extends for several hundred kilometers (miles).

Rio's factories produce processed foods, textiles, furniture, chemicals, petroleum products, pharmaceuticals, and metal products. The manufacture of electronics and computers has begun to play a major role in the economy. The city is a leading financial and banking center. The country's most active stock market, the Bolsa da Valores do Brasil, is located in Rio.