section_path: Economy/Manufacturing
section_name: Manufacturing
paragraph_text: Manufacturing
  
  The World Bank annually lists the top manufacturing countries by total manufacturing value. According to the 2019 list, Brazil has the thirteenth most valuable industry in the world (US$174 billion), Venezuela the thirtieth largest (US$58.2 billion, however, it depends on oil to obtain this value), Argentina the 31st largest (US$57.7 billion), Colombia the 46th largest (US$35.4 billion), Peru the 50th largest (US$28.7 billion) and Chile the 51st largest (US$28.3 billion).
  
  Brazil has the third-largest manufacturing sector in the Americas. Accounting for 29 percent of GDP, Brazil's industries range from automobiles, steel, and petrochemicals to computers, aircraft (Embraer), food, pharmaceutical, footwear, metallurgy and consumer durables. In the food industry, in 2019, Brazil was the second largest exporter of processed foods in the world. In 2016, the country was the 2nd largest producer of pulp and the 8th producer of paper. In the footwear industry, in 2019, Brazil ranked 4th among world producers. In 2019, the country was the 8th producer of vehicles and the 9th producer of steel in the world. In 2018, the chemical industry of Brazil was the 8th in the world. In textile industry, Brazil, although it was among the five largest world producers in 2013, is very little integrated in world trade.