Economy of Acre –

Located in the Northern Region of Brazilian territory, the state of Acre has a territorial extension of 164,122,280 square kilometers, being inhabited by 733,559 people, according to data released in 2010 by the Brazilian Institute of Geography and Statistics (IBGE).

In 2008, Acre contributed 0.2% to the Brazilian Gross Domestic Product (GDP). At the regional level, its share was 4.3%, being the second lowest in the North, superior only to Roraima (3.1%). The composition of the state GDP is as follows:

Services: 68.1%.
Industry: 14.7%.
Agriculture: 17.2%.

Historically, the Acre economy is based on plant extractivism, especially the exploitation of rubber, which was responsible for the population of the region. Currently, wood is the state’s main export product, which is also a major producer of Brazil nuts, açaí fruit and copaíba oil.

The cultivation of cassava, corn, rice, beans, fruits and sugar cane is the basis of agriculture. The industry, in turn, operates in the following segments: food, wood, ceramics, furniture and textiles.

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Acre has two major economic hubs: the Juruá river valley, which has the city of Cruzeiro do Sul as its main urban nucleus; and the Acre river valley, which is more industrialized, has a greater degree of mechanization and modernization in the countryside, has greater potential in agricultural activities, is a major producer of rubber and food (cassava, rice, corn, fruits, etc.), in addition to home to the state capital, Rio Branco.

Exports and Imports from Acre:

Exports: 21.9 million reais.

Plywood and profiled wood: 49%.
Sawn or veneer wood: 27%.
Fruits: 21%.
Others: 3%.

Imports: 1.1 million reais.

Airplanes: 35%.
Engine parts: 23%.
Cranks: 14%.
Machinery and equipment: 9%.
Paper: 4%.
Bronze: 4%.
Others: 11%.

By Wagner de Cerqueira and Francisco
Graduated in Geography