Flag Brazil / China Flag

2020
FlagFlag
Exports
: $67.9B, Rnk 1 / 223

2020
FlagFlag
Top Product
: $20.9B, Soybeans

2020
FlagFlag
Exports
: $36.4B, Rnk 21 / 209

2020
FlagFlag
Top Product
: $1.39B, Telephones

2020
Flag
Economic Complexity (ECI)
: ECI 0.44, Rnk 47 / 127

2020
Flag
Economic Complexity (ECI)
: ECI 0.96, Rnk 28 / 127

2020
Flag  
GDP
: $1.44T, CURRENT US$
Rnk 12 / 195

2010-2020
Flag
GDP GROWTH
: -34.6%, CURRENT US$
Rnk 190 / 195

2020
Flag
 GDP
: $14.7T, CURRENT US$
Rnk 2 / 195

2010-2020
Flag
GDP GROWTH
: 142%, CURRENT US$
Rnk 5 / 195

2020
Flag
GDP PC 
: $6,797, CURRENT US$
Rnk 91 / 195

2010-2020
Flag
GDP PC GROWTH
: -39.8%, CURRENT US$
Rnk 187 / 195

2020
Flag
GDP PC
: $10,435, CURRENT US$
Rnk 68 / 195

2010-2020
Flag
GDP PC GROWTH
: 129%, CURRENT US$
Rnk 5 / 195

Brazil-China In 2020, Brazil exported $67.9B to China. The main products that Brazil exported to China are Soybeans ($20.9B), Iron Ore ($18.6B), and Crude Petroleum ($11.4B). During the last 25 years the exports of Brazil to China have increased at an annualized rate of 17.1%, from $1.31B in 1995 to $67.9B in 2020.

In 2020, Brazil did not export any services to China.

China-Brazil In 2020, China exported $36.4B to Brazil. The main products that China exported to Brazil were Telephones ($1.39B), Broadcasting Equipment ($1.31B), and Semiconductor Devices ($1.23B). During the last 25 years the exports of China to Brazil have increased at an annualized rate of 17.4%, from $655M in 1995 to $36.4B in 2020.

In 2020, China did not export any services to Brazil.

Comparison In 2020,  Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B). That same year, China ranked 28 in the Economic Complexity Index (ECI 0.96), and 1 in total exports ($2.65T).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Brazil exported $67.9B to China. The main products exported from Brazil to China were Soybeans ($20.9B), Iron Ore ($18.6B), and Crude Petroleum ($11.4B). During the last 25 years the exports of Brazil to China have increased at an annualized rate of 17.1%, from $1.31B in 1995 to $67.9B in 2020.

In 2020, China exported $36.4B to Brazil. The main products exported from China to Brazil were Telephones ($1.39B), Broadcasting Equipment ($1.31B), and Semiconductor Devices ($1.23B). During the last 25 years the exports of China to Brazil have increased at an annualized rate of 17.4%, from $655M in 1995 to $36.4B in 2020.

Market Competitiveness

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Measure

Brazil
Top Destination
: China, $67.9B

China
Top Destination
: United States, $438B

This map shows whether countries import more from Brazil or China. Each country is colored based on the difference in imports they receive from Brazil and China or the difference in the growth in imports.

In 2019, countries that imported more from Brazil than China were Uruguay ($1.79B), Argentina ($8.57B), and Cayman Islands ($55.5M).

In 2019, countries that imported more from China than Brazil were United States ($438B), Hong Kong ($262B), and Japan ($151B).

Comparative Advantage Brazil - China

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Flow

This chart compares trade between Brazil and China by product, considering products traded by both, Brazil and China.

During 2020, Brazil had a large net trade with China in the exports of Mineral Products ($30.8B), Vegetable Products ($21B), and Animal Products ($6.6B).

During 2020, China had a large net trade with Brazil in the exports of Machines ($16.4B), Chemical Products ($5.54B), and Textiles ($2.84B).

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over China. Similarly, the more yellow a dot/product is, the more China has comparative advantage over Brazil.