This paper focuses on the role played by the Brazilian economy in global value chains with reference to global and regional contexts. To this end, we calculate downstream and upstream indicators of global and regional integration and fragmentation of global value chains. We use the full Eora Multiregional Input-Output Table for the period from 1990 to 2015. The main results indicate that Brazilian participation in global value chains increased during this period and became more fragmented internationally, mainly in global terms, but its regional insertion has increased more than its global insertion. Although South America has a small share in value-added trade, Brazil operates as a regional hub, as it is a reference for international trade in this region. In the global context, Brazil plays the role of supplier of intermediate inputs, while in the regional context, it serves as the main production center.

本文着眼于巴西经济在全球价值链中的全球和区域背景。为此，我们计算了全球和区域整合以及全球价值链分散的下游指标和上游指标。我们使用了1990年至2015年期间的完整Eora多区域投入产出表。主要结果表明，在此期间，巴西对全球价值链的参与有所增加，并且在国际上（主要是在全球范围内）变得更加分散，但是其区域插入量有所增加不仅仅是其在全球范围内的推广。尽管南美在增值贸易中所占份额很小，但巴西仍是该地区的枢纽，因为它是该地区国际贸易的参考。在全球范围内，巴西扮演着中间投入物的供应者的角色，