Agriculture has been growing at 13% a year, largely thanks to China's huge appetite for soya and beef products.
Land the size of England is being given over to the sugar cane, which is used to produce Brazil's enormous ethanol supply.
And the country is the world's largest exporter of orange juice.
Brazil's recently discovered oil reserves are set to turn the country into a net exporter.
Massive growth
The boom in commodities and credit has played a part in fuelling the rise of Bovespa, the Brazilian stock market.
"The market capitalisation is $1.4 trillion (£700bn)," says Joao Batista Fraga at the stock exchange. "In the last 10 years it has increased nine fold."
But it is the structural changes in the economy that are creating the most excitement.
Resource rich
Agriculture has been growing at 13% a year, largely thanks to China's huge appetite for soya and beef products.
Land the size of England is being given over to the sugar cane, which is used to produce Brazil's enormous ethanol supply.
And the country is the world's largest exporter of orange juice.
Brazil's recently discovered oil reserves are set to turn the country into a net exporter.
Massive growth
The boom in commodities and credit has played a part in fuelling the rise of Bovespa, the Brazilian stock market.
"The market capitalisation is $1.4 trillion (£700bn)," says Joao Batista Fraga at the stock exchange. "In the last 10 years it has increased nine fold."
But it is the structural changes in the economy that are creating the most excitement.
