List of the largest companies in Latin America
The list of the largest companies in Latin America includes the business magazines Latin Trade and Forbes Magazine published the largest companies in Latin America .
Latin Trade 100 list 2016 by sales
The ranking is based on the 500 companies with the highest turnover in Latin America (excluding banks and insurance companies) published annually by the business magazine “Latin Trade” in the list “Top 500 Companies in Latin America” . Are also listed the headquarters , the net profit , number of employees and the industry . Figures are in millions of dollars and relate to fiscal year 2016.
| rank |
Surname |
Headquarters |
country |
Revenue ($ million) |
Total Assets (M $) |
Employee |
Branch |
|---|---|---|---|---|---|---|---|
| 1. | PDVSA | Caracas |
 Venezuela
|
88,554.0 | 227,674.0 | 48,920 | oil and gas |
| 2. | Petrobras | Rio de Janeiro |
 Brazil
|
67,620.3 | 114,019.18 | 58,000 | oil and gas |
| 3. | América Móvil | Mexico city |
 Mexico
|
51,842.6 | 75,164.3 | 41,418 | telecommunications |
| 4th | JBS | São Paulo |
Brazil
|
41,721.6 | 31,180.3 | 41,418 | telecommunications |
| 5. | Walmart de Mexico | Mexico city |
Mexico United States
|
28,371.3 | 14,705.5 | 141,704 | retail trade |
| 6th | Telefonica HispAm | Madrid |
 Spain
|
27,711.8 | 138.215 | telecommunications | |
| 7th | Petrobras Distribuidora | Rio de Janeiro |
Brazil
|
24,912.9 | 8,000.7 | 3,758 | oil and gas |
| 8th. | Vale | Rio de Janeiro |
Brazil
|
21,895.9 | 88,493.5 | 52,646 | Mining |
| 9. | Grupo Éxito | Envigado |
 Colombia France
|
21,672.2 | retail trade | ||
| 10. | Ultrapar | São Paulo |
Brazil
|
19,374.9 | 5,369.3 | 138.215 | energy |
Largest publicly traded companies in 2016
The ranking of the annual Forbes Global 2000 list of the 2000 largest publicly traded companies in the world is calculated from a combination of sales , net income , assets and market value . The placements of the companies in the equally weighted categories were added together to form a rank. The table also shows the headquarters and the industry . The figures are in billion US dollars and relate to the 2016 financial year , for the market value to the market price on March 16, 2017.
| rank |
Rank Forbes 2000 |
Surname |
Headquarters |
country |
Revenue ($ billion) |
Profit ($ billion) |
Assets ($ billion) |
Market Value ($ billion) |
Branch |
|---|---|---|---|---|---|---|---|---|---|
| 1. | 38. | Itaú Unibanco | São Paulo |
Brazil
|
61.3 | 6.7 | 419.9 | 79.2 | Banks |
| 2. | 62. | Banco Bradesco | Osasco |
Brazil
|
70.2 | 4.3 | 362.4 | 53.5 | Banks |
| 3. | 132. | Banco do Brasil | Brasília |
Brazil
|
57.3 | 2.3 | 430.6 | 29.0 | Banks |
| 4th | 156. | Vale | Rio de Janeiro |
Brazil
|
27.1 | 3.8 | 99.1 | 45.4 | Mining |
| 5. | 340. | América Móvil | Mexico city |
Mexico
|
52.2 | 0.5 | 73.6 | 47.3 | telecommunications |
| 6th | 399 | Petrobras | Rio de Janeiro |
Brazil
|
81.1 | −4.3 | 247.3 | 61.3 | oil and gas |
| 7th | 559. | Ecopetrol | Bogotá |
Colombia
|
15.6 | 0.5 | 40.4 | 19.7 | oil and gas |
| 8th. | 582. | FEMSA | Monterrey |
Mexico
|
20.9 | 1.1 | 26.5 | 33.1 | beverages |
| 8th. | 582. | Falabella | Santiago |
 Chile
|
12.7 | 0.9 | 20.8 | 21.3 | retail trade |
| 10. | 591. | GF Norte | Monterrey |
Mexico
|
6.4 | 1.0 | 61.9 | 16.2 | Banks |
| 11. | 606. | Grupo México | Mexico city |
Mexico
|
8.2 | 1.1 | 22.8 | 23.7 | Mining |
| 12. | 610. | Eletrobrás | Rio de Janeiro |
Brazil
|
17.4 | 1.0 | 52.4 | 7.2 | Supplier |
| 13. | 620. | Cemex | Monterrey |
Mexico
|
8.2 | 1.1 | 29.1 | 13.1 | Construction |
| 14th | 693. | Grupo Aval | Bogotá |
Colombia
|
8.5 | 0.7 | 74.7 | 9.2 | Financial service providers |
| 15th | 724 | Bancolombia | Medellin |
Colombia
|
6.7 | 0.9 | 65.4 | 8.9 | Banks |
| 16. | 761. | Credicorp | Lima |
 Peru
|
4.5 | 1.0 | 46.7 | 12.7 | Banks |
| 17th | 791 | Itaúsa | São Paulo |
Brazil
|
1.3 | 2.4 | 18.1 | 23.0 | Conglomerate |
| 18th | 894. | Cencosud | Las Condes |
Chile
|
15.3 | 0.6 | 15.6 | 9.0 | retail trade |
| 19th | 895. | JBS SA | São Paulo |
Brazil
|
48.9 | 0.1 | 31.6 | 8.2 | Meat production |
| 20th | 930. | Mercantil Servicios | Caracas |
Venezuela
|
0.4 | 2.0 | 148.7 | 2.7 | Financial service providers |
| 21st | 981. | Ultrapar Participações | São Paulo |
Brazil
|
22.2 | 0.4 | 7.4 | 12.5 | oil and gas |
| 22nd | 1006 | Yacimientos Petrolíferos Fiscales | Buenos Aires |
 Argentina
|
14.2 | −1.9 | 26.6 | 9.9 | oil and gas |
| 23. | 1054. | Inbursa Financiero | Mexico city |
Mexico
|
3.3 | 0.7 | 25.8 | 11.2 | Banks |
| 24. | 1092 | Grupo Bimbo | Mexico city |
Mexico
|
13.4 | 0.3 | 11.9 | 11.8 | food |
| 25th | 1103 | Cielo SA | São Paulo |
Brazil
|
3.5 | 1.1 | 9.4 | 20.9 | Banks |
| 26th | 1140. | AntarChile | Las Condes |
Chile
|
16.7 | 0.3 | 21.9 | 5.3 | Financial service providers |
| 27. | 1155. | Banco de Crédito e Inversiones | Santiago |
Chile
|
3.0 | 0.5 | 46.2 | 7.4 | Banks |
| 28. | 1215. | Grupo Alfa | San Pedro |
Mexico
|
15.7 | 0.1 | 16.7 | 7.3 | Conglomerates |
| 29 | 1225. | Banco de Venezuela | Caracas |
Venezuela
|
7.0 | 2.5 | 2.6 | 2.5 | Banks |
| 30th | 1233. | Braskem | São Paulo |
Brazil
|
9.7 | −0.1 | 15.9 | 7.9 | chemistry |
| 31. | 1253. | Quiñenco | Las Condes |
Chile
|
6.8 | 0.1 | 54.6 | 4.3 | Conglomerate |
| 32. | 1287. | LATAM Airlines | Santiago |
Chile
|
9.0 | 0.1 | 19.2 | 8.0 | Airlines |
| 33. | 1301 | El Puerto de Liverpool | Mexico city |
Mexico
|
5.4 | 0.5 | 7.2 | 11.8 | retail trade |
| 34. | 1325. | BRF | Itajaí |
Brazil
|
9.7 | −0.1 | 13.4 | 9.3 | Food |
| 35. | 1365. | Grupo Televisa | Mexico city |
Mexico
|
5.2 | 0.2 | 14.9 | 15.8 | media |
| 36. | 1369. | Arca Continental | Tampico |
Mexico
|
5.0 | 0.4 | 6.8 | 12.5 | Construction |
| 37. | 1374. | Banco Davivienda | Bogotá |
Colombia
|
3.3 | 0.6 | 31.2 | 4.8 | Banks |
| 38. | 1402 | Grupo Carso | Mexico city |
Mexico
|
5.1 | 0.5 | 5.3 | 10.5 | Conglomerates |
| 39. | 1436. | Sabesp | São Paulo |
Brazil
|
4.0 | 0.8 | 11.6 | 7.4 | Supplier |
| 40. | 1503. | Oi | Rio de Janeiro |
Brazil
|
7.5 | −2.0 | 25.2 | 0.9 | telecommunications |
| 41. | 1515. | Gerdau SA | Porto Alegre |
Brazil
|
10.8 | −0.4 | 16.8 | 1.4 | steel |
| 42. | 1520. | Fresnillo plc | London |
Mexico United Kingdom
|
1.9 | 0.4 | 4.3 | 14.8 | Construction |
| 43. | 1545. | Brasil Distribuição | São Paulo |
Brazil
|
12.0 | −0.1 | 13.9 | 5.9 | retail trade |
| 44. | 1546. | Grupo Bolívar | Bogotá |
Colombia
|
3.8 | 0.4 | 33.7 | 1.4 | Financial services |
| 45. | 1572. | CCR | São Paulo |
Brazil
|
2.9 | 0.5 | 7.5 | 11.5 | traffic |
| 46. | 1597. | Bovespa | São Paulo |
Brazil
|
0.7 | 0.4 | 9.7 | 12.8 | Financial service providers |
| 47. | 1604. | BBVA Banco Continental | Lima |
Peru Spain
|
1.8 | 0.4 | 23.5 | 6.2 | Banks |
| 48. | 1712. | Interconexion Electrica | Bogotá |
Colombia
|
4.0 | 0.7 | 12.8 | 4.5 | Supplier |
| 49. | 1735. | CPFL Energia | Campinas |
Brazil
|
5.4 | 0.3 | 13.0 | 8.4 | Supplier |
| 50. | 1742. | Banco de Chile | Santiago |
Chile
|
3.8 | 0.1 | 47.1 | 4.5 | Banks |
| 51. | 1776. | Central Puerto | Buenos Aires |
Argentina
|
0.3 | 0.1 | 0.8 | 20.2 | Supplier |
| 52. | 1796. | Grupo Zuliano | Caracas |
Venezuela
|
k. A. | 1.0 | 1.5 | 0.1 | chemistry |
| 53. | 1799. | IDEAL el Empleoen | Mexico city |
Mexico
|
0.8 | 1.0 | 5.3 | 4.9 | Construction |
| 54. | 1821. | Popular | San Juan |
 Puerto Rico
|
1.9 | 0.2 | 38.7 | 4.2 | Financial service providers |
| 55. | 1843. | Peñoles | Mexico city |
Mexico
|
4.4 | 0.3 | 6.9 | 10.4 | Mining |
| 56. | 1895. | Croton Educacional | São Paulo |
Brazil
|
1.5 | 0.5 | 5.4 | 7.1 | education |
| 57. | 1982. | Grupo Galicia | Buenos Aires |
Argentina
|
3.7 | 0.4 | 15.3 | 5.1 | Financial service providers |
Individual evidence
- ^ The World's Biggest Public Companies . In: Forbes . ( forbes.com [accessed March 9, 2018]).