CAPES is a Brazilian governmental agency that have as it´s premise, the coordination all the Graduate Courses offered in Brazil in all areas.
Besides financially supporting the Brazilian graduate system, it provides for a periodic evaluation of the performance of each graduate course, every four years. Recently, the latest evaluation came about, and you can find, in the link below, the document that was generated related to the area of Physics and Astronomy.
In this document you will see that the Physics Graduate Courses in Brazil are among the ones that have highest standards and many are considered to have international level.
Below you’ll find the portions of the Brazilian Physics Graduate Courses that do or do not participate in the EUF (Analysis made by EUF)