They trade more with Europe and Asia than they do with us.
They do still have a big problem with inequality however. Brazil if one of the few big countries that has worse income inequality than the US. (Gini of 49 compared to our 45.) At least theirs is improving, while ours is continuously getting worse.
(Canada, Europe and Australia are all shades of green.) :)
"Brazil's main trade partners in 2008 were: Mercosul and Latin America (25.9 percent of trade), EU (23.4 percent), Asia (18.9 percent), the United States (14.0 percent), and others (17.8 percent)."With still high levels of inequality, though it has diminished in the last years, the Brazilian economy has become one of the major economies of the world.
Their per capita GDP is about $11,500 - well ahead of China's $7,500 and way behind our $45,000 and the EU's $31,000. Europe, of course, has the advantage of having the best income distribution in the advanced world - a Gini of 26.
http://en.wikipedia.org/wiki/Economy_of_Brazil