Santander survey shows 73% of Brazilian companies plan international expansion within three years
SAN•A Santander survey found that 73% of Brazilian companies operating domestically or beginning international expansion plan to enter foreign markets within three years. The United States was the top expansion target for the next 12 months, named by 32% of respondents, versus 31% for Argentina.
1. Expansion plans
The survey found that 73% of Brazilian companies operating domestically or beginning international expansion plan to enter foreign markets within three years. Revenue growth expectations for the next 12 months reached 68%, rising to 79% among companies already operating internationally.
2. Markets and supply chains
The United States was the leading expansion target for the next 12 months, attracting 32% of respondents, compared with 31% for Argentina. Supply chain restructuring is underway at 47% of companies; among those repositioning suppliers, 82% prioritize Brazil. In addition, 74% expect artificial intelligence to enable operations in more countries and regions.
