6 High-Yielding Stocks From One of the World's Leading Emerging Markets

Brazil is an undisputed economic powerhouse.

Not only is it the leading emerging market and the largest economy in South America, it is the sixth-largest economy in the world after overtaking England in 2011. The country's incredible rise to global prominence has been driven by its rich trove of natural resources.

 

Brazil's largest export is iron ore, and is the world's third-largest producer behind only China and Australia. Brazil's iron ore exports are up more than 200% in just the past three years.

Brazil is also a major player in energy. It is currently the 13th-largest exporter of crude in the world, but that's rapidly changing... The country's growth in energy got a big boost in 2006 with the discovery of the Lula oil field off its eastern coast, lifting Brazil's proven and probable reserves by 150% to 50 billion barrels. The Economist projects that will help the country rise to the sixth-largest oil producer in the world by 2020.

Agriculture is also a huge part of Brazil's booming growth story, accounting for 8% of the country's gross domestic product and employing a remarkable quarter of its labor force in more than 6 million agriculture enterprises. Brazil is the world's largest producer of sugarcane and coffee, and a net exporter of cocoa, soybeans, orange juice, tobacco, forest products, and fruits and nuts. (more)

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