Annual Survey of Industry
In 2024, crude petroleum oils were the leading industrial product for the third consecutive year
June 24, 2026 10h00 AM | Last Updated: June 25, 2026 03h41 PM
Highlights
- In 2024, the top ten industrial products accounted for 20.9% of the industry's net sales revenue.
- The ranking was led by crude petroleum oils (5.3%), followed by iron ores (3.0%) and diesel fuel (2.8%).
- Total net sales revenue for the industry reached approximately R$ 5.3 trillion.
- The Southeast Region accounted for 55.3% of industrial revenue, followed by the South (20.5%), Northeast (9.8%), North (7.4%), and Central-West (6.9%).
- There was a strong regional concentration of specific products, particularly in the North and Central-West regions.
The net sales revenue of Brazilian industry reached R$ 5.3 trillion in 2024, a result driven by the production of approximately 3,400 industrial products and services across more than 42,000 local branches. These data come from the Annual Survey of Industry – Product (PIA-Product), conducted by the IBGE.
The survey covered branches belonging to approximately 34,800 industrial companies and provides a detailed picture of the country's production structure, making it possible to identify the leading products in terms of revenue generation.
In 2024, crude petroleum oils remained the country's top industrial product, generating R$ 278.2 billion in net sales revenue—equivalent to 5.3% of the national total. This marked the third consecutive year the product held the top spot.
Next in the ranking were iron ores and concentrates, with net revenue of R$ 159.5 billion (a 3.0% share of the total), followed by diesel fuel, with R$ 149.8 billion in revenue (a 2.8% share). Other notable products in terms of total share included fresh or chilled beef (2.0%) and motor gasoline or for other uses, excluding aviation (1.7%).
Combined, the top ten products accounted for 20.9% of the industry's net sales revenue.
Top 10 indistrial goods or sevices, by net sales revenue - Brazil 2024
| Product Description | Net sales revenue | |
|---|---|---|
| Em milhões R$ nominais | % do Total | |
| Crude petroleum oils | 278166.90 | 5.3 |
| Iron ores and concentrates, whether or not processed (classified, concentrated, crushed, etc.), excluding pellets or sinter. | 159509.50 | 3.0 |
| Diesel fuel | 149839.50 | 2.8 |
| Fresh or chilled beef | 106438.70 | 2.0 |
| Motor gasoline or gasoline for other uses, except for aviation | 87703.40 | 1.7 |
| Manures or fertilizers containing nitrogen, phosphorus, and potassium (NPK) | 72042.50 | 1.4 |
| Crude VHP (very high polarization) sugar | 67891.50 | 1.3 |
| Passenger cars and other motor vehicles for the transportation of persons, including dual-purpose vehicles (station wagons), with gasoline, ethanol, or flex-fuel engines, with an engine displacement greater than 1,500 cm³ and less than or equal to 3,000 cm³, including CKD (completely knocked down) units. | 65188.00 | 1.2 |
| Cakes, residues, and meals from soybean oil extraction, including hulls, husks, and other residues from such extraction. | 60083.10 | 1.1 |
| Passenger cars and other motor vehicles for the transportation of persons, including dual-purpose vehicles (station wagons), with gasoline, ethanol, or flex-fuel engines, with an engine displacement greater than 1,000 cm³ and less than or equal to 1,500 cm³, including CKD (completely knocked down) units. | 59096.70 | 1.1 |
| Source: IBGE, Diretoria de Pesquisas, Coordenação de Estatísticas Estruturais e Temáticas em Empresas, Pesquisa Industrial Anual - Produto 2024. | ||
Regional concentration of industrial activity
Regional analysis indicates a concentration of industrial activity in the Southeast, which accounted for 55.3% of net sales revenue in 2024. In addition to being the country's most industrialized region, the Southeast is home to the nation's largest petroleum basins (Santos and Campos), major petroleum refineries, and the "Iron Quadrangle" (*Quadrilátero Ferrífero*) in Minas Gerais.
"The Southeast stands out in particular. The region produces three key products—out of a total of 3,400: crude petroleum, diesel fuel, and iron ore. These goods accounted for 15.1% of the Southeast's total revenue in 2024," stated Marcelo Miranda, the survey manager.
The revenue shares for each of these leading products in the Southeast were: crude petroleum (9.2% of the region's total), diesel fuel (3.0%), and iron ore (2.9%).
The South Region, ranking second in total share, accounted for 20.5% of industrial revenue, with notable contributions from diesel fuel (3.3%), frozen poultry meat and offal (3.0%), and NPK fertilizers (2.1%).
In the Northeast, which accounted for 9.8% of national revenue, the leading products were diesel fuel (4.5%) and motor gasoline (3.1%). Meanwhile, the North Region, with a 7.4% share, showed a high concentration in metallic mineral mining (18.2%), as well as beef (5.3%) and mobile phones (5.2%).
Finally, the Central-West accounted for 6.9% of industrial revenue, driven by agricultural products such as beef (11.4%), soybean derivatives (6.1%), and ethanol (5.6%).
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