Economy of the city of São Paulo

Once a city with a strong industrial character, São Paulo's economy has become increasingly based on the tertiary sector, focusing on services and businesses for the country.

Many analysts point to São Paulo as an important global city, even though this assignment can be criticized considering its serious problems of social exclusion and spatial segregation.

Acclaimed as a city of business tourism, attracting today's biggest and most important international events, be they in the economic, cultural, scientific or sporting area.

[6] Adding space in nightclubs, cultural and business areas, clubs and other alternatives to these numbers, São Paulo boasts approximately 430,000 square meters for the holding of any type of event.

There is also a wide range of short courses, lectures, seminars, literary discussions and several universities and cultural centers teaching from handicraft to technology.

[10] If the city of São Paulo were a country, its economy would be the 47th in the world, bigger than Egypt and Kuwait, for example, about the same size as Hungary, New Zealand or Israel.

The large growth of São Paulo GDP is due to the great economic potential of the city and the appreciation of the Brazilian real to the U.S. dollar.

The top five material goods exported by São Paulo are Soybean (21%), Raw Sugar (19%), Coffee (6.5%), Sulfate Chemical Wood Pulp (5.6%), and Corn (4.4%).