Latin America is home to many companies that have a very important role in the global economy. From the most diverse sectors, these giants have a great impact on both local and international businesses. With that in mind, it is important to know which are the biggest companies in the region. According to the ranking of América Economía magazine, the following companies top the list:
10. Coca-Cola FEMSA (Mexico)
Sector: Beverage
Sales in 2018: $ 23,881.00 million
Sharesholders’ Equity in 2018: Not available
9. COPEC companies (Chile)
Sector: Energy
Sales in 2018: $ 23,970 million
Shareholders' equity in 2018: US $ 22,174.00 million
8. Petrobrás Distribuidora (Brazil)
Sector: Oil and Gas
Sales in 2018: $ 25,180.00 million
Shareholders' equity in 2018: US $ 2,494.00 million
7. Federal Electricity Commission (Mexico)
Sector: Electricity
Sales in 2018: $ 28,132 million
Shareholders' equity in 2018: US $ 33,993 million
6. Walmart Mexico and Central America (Mexico)
Sector: Retail
Sales in 2018: $ 31,123.00 million
Shareholders' equity in 2018: US $ 8,384.00 million
5. Vale (Brazil)
Sector: Mining
Sales in 2018: US $ 34,636.00 million
Shareholders' equity in 2018: US $ 43,887.00 million
4. JBS (Brazil)
Sector: Food
Sales in 2018: $ 46,791.00 million
Shareholders' equity in 2018: U $ 6,605.05 million
3. America Movil (Mexico)
Sector: Telecommunication
Sales in 2018: $ 52,782 million
Shareholders' equity in 2018: U $ 9,964.00 million
2. Pemex (Mexico)
Sector: Oil and gas
Sales in 2018: $ 85,471.00 million
Shareholders' equity in 2018: (-) US $ 74,199.00 million
1. Petrobrás (Brazil)
Sector: Oil and gas
Sales in 2018: $ 90,100.00 million
Shareholders' equity in 2018: US $ 71,399.00 million
Source: América Economía (2019)