← Research · Line 3 — Asian companies in Brazil · PT

Research line · 2026

The success of Asian companies in Brazil


A census — not a sample — of 4,053 Brazilian companies that ever registered at least one shareholder resident in East, South or Southeast Asia, drawn from the public CNPJ registry of the Brazilian Federal Revenue. 2,085 remain active: a 51% success rate, comfortably above the long-run survival (~25%) of Brazilian companies in general. Unlike Latin America, Asian investment is corporate-led (56% vs 44%), heavily concentrated in São Paulo, and surging: led by China, with Japan the old guard and Hong Kong and Singapore the highest-surviving gateways. The full study can be read online below.

The consolidated study — in English

17 slides: overview, country ranking, companies vs. individuals, historical openings and closures, sectors, states, invested capital and dedicated spotlights on China, Japan and Hong Kong. Navigate with the arrow keys or by tapping the edges.

Interactive Brazil–Asia Atlas

Explore the census on the map: companies by Brazilian state, country of origin, sector and investor type — with success rates for every cut.

Methodological note

Source: the public CNPJ registry of the Brazilian Federal Revenue (December 2025 extraction), audited CNPJ by CNPJ against the 2024 base. Success rate = active companies ÷ census total. Investor type is defined by the first Asian shareholder registered; companies with shareholders from several countries are counted in each country. Hong Kong, Singapore and Macau act partly as corporate holding and trade-finance gateways — some of this capital is ultimately mainland Chinese or global, routed through them, and their high survival should be read in that light. Taiwan is registered by the Federal Revenue as “Formosa (Province of China)” and shown here as Taiwan for readability, without political intent. Company-level data is available on request — every published figure can be independently verified.