Flag Brazil / China Flag

Exports Flag β†’ Flag  (2018): $64.3B, Rnk 1 / 216

Top Product Flag β†’ Flag (2018): $27.3B, Soybeans

Exports Flag β†’ Flag (2018): $33.9B, Rnk 21 / 206

Top Product Flag β†’ Flag (2018): $2.99B, Special Purpose Ships

Economic Complexity of Flag (2018): ECI 0.62, Rnk 39 / 137

Economic Complexity of Flag (2018): ECI 0.89, Rnk 30 / 137

GDP Flag (2018): $1.87T, CURRENT US$
Rnk 9 / 196

GDP GROWTH Flag (2008-2018): 10.2%, CURRENT US$
Rnk 143 / 196

GDP Flag (2018): $13.6T, CURRENT US$
Rnk 2 / 196

GDP GROWTH Flag (2008-2018): 196%, CURRENT US$
Rnk 6 / 196

GDP PC Flag (2018): $8,921, CURRENT US$
Rnk 82 / 196

GDP PC GROWTH Flag (2008-2018): 1.02%, CURRENT US$
Rnk 141 / 196

GDP PC Flag (2018): $9,771, CURRENT US$
Rnk 78 / 196

GDP PC GROWTH Flag (2008-2018): 182%, CURRENT US$
Rnk 3 / 196

Brazil-China: In 2018, Brazil exported $64.3B to China. The main products exported from Brazil to China were Soybeans ($27.3B), Crude Petroleum ($14.3B), and Iron Ore ($11B). During the last 23 years the exports of Brazil to China have increased at an annualized rate of 18.4%, from $1.31B in 1995 to $64.3B in 2018.

China-Brazil: In 2018, China exported $33.9B to Brazil. The main products exported from China to Brazil were Special Purpose Ships ($2.99B), Telephones ($1.16B), and Broadcasting Equipment ($830M). During the last 23 years the exports of China to Brazil have increased at an annualized rate of 20.4%, from $471M in 1995 to $33.9B in 2018.

Comparison: In 2018, Brazil ranked 39 in the Economic Complexity Index (ECI 0.62), and 25 in total exports ($242B). That same year, China ranked 30 in the Economic Complexity Index (ECI 0.89), and 1 in total exports ($2.59T). In terms of GDP Per Capita, Brazil was ranked 82 with a GDP Per Capita of $8,921, and China was ranked 78 with a GDP Per Capita of $9,771.

Bilateral Trade by Products

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Depth
Value

In 2018, Brazil exported $64.3B to China. The main products exported from Brazil to China were Soybeans ($27.3B), Crude Petroleum ($14.3B), and Iron Ore ($11B). During the last 23 years the exports of Brazil to China have increased at an annualized rate of 18.4%, from $1.31B in 1995 to $64.3B in 2018.

In 2018, China exported $33.9B to Brazil. The main products exported from China to Brazil were Special Purpose Ships ($2.99B), Telephones ($1.16B), and Broadcasting Equipment ($830M). During the last 23 years the exports of China to Brazil have increased at an annualized rate of 20.4%, from $471M in 1995 to $33.9B in 2018.

Market Competitiveness

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Measure

Brazil
Top Destination
: China, $64.3B

China
Top Destination
: United States, $499B

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 2018, countries that imported more from Brazil than China were Argentina ($15B), Uruguay ($3.01B), and Saint Lucia ($411M).

In 2018, countries that imported more from China than Brazil were United States ($499B), Hong Kong ($282B), and Japan ($155B).

Comparative Advantage Brazil - China

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Depth

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

During 2018, Brazil had a large net trade with China in the exports of Vegetable Products ($27.4B), Mineral Products ($26.2B), and Paper Goods ($3.63B).

During 2018, China had a large net trade with Brazil in the exports of Machines ($13.2B), Chemical Products ($4.69B), and Transportation ($4.18B).

Tariff Section

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This sections shows import tariffs for products traded between Brazil and China (using the HS6 product classification and the last year reported).

In 2018, the products from Brazil that paid the highest import tariffs to enter China were Nuts, edible: coconuts, desiccated (55%) and Peaches, otherwise prepared or preserved (35%).

In 2018, the products from China that paid the highest import tariffs to enter Brazil were Vermouth and other flavoured grape wines - pack < 2l (65%) and Vermouth and other flavoured grape wines - pack > 2l (65%).

Explore Tariff Data

*The tariffs present between Brazil and China are:
136: Most Favoured Nation duty rate treatement
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Brazil and China. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

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 red.  This mean that the more blue a dot/product is, the more Brazil has comparative advantage over China. Similarly, the more red a dot/product is, the more China has comparative advantage over Brazil.