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Pricing

2022
Flag → Flag
Exports $90.1BRnk 1 / 223
2022
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Top Product $31.9BSoybeans
2022
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Exports $64BRnk 19 / 211
2022
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Top Product $4.54BSemiconductor Devices
2022
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Economic Complexity (ECI) ECI 0.29Rnk 49 / 124
2022
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Economic Complexity (ECI) ECI 1.01Rnk 24 / 124
2022
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GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 186
2022
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 GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH111%CURRENT US$
Rnk 11 / 186
2022
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GDP PC $8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186
2022
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GDP PC$12,720CURRENT US$
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2012-2022
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GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Brazil-China In 2022, Brazil exported $90.1B to China. The main products that Brazil exported to China are Soybeans ($31.9B), Iron Ore ($18.2B), and Crude Petroleum ($16.8B). During the last 27 years the exports of Brazil to China have increased at an annualized rate of 17%, from $1.31B in 1995 to $90.1B in 2022.

In 2022, Brazil did not export any services to China.

China-Brazil In 2022, China exported $64B to Brazil. The main products that China exported to Brazil were Semiconductor Devices ($4.54B), Pesticides ($2.91B), and Broadcasting Equipment ($2.36B). During the last 27 years the exports of China to Brazil have increased at an annualized rate of 18.6%, from $646M in 1995 to $64B in 2022.

In 2022, China did not export any services to Brazil.

Comparison In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B). That same year, China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T).

Latest Trends

February, 2024

About

Overview In February 2024, Brazil exported $6.91B and imported $4.48B from China, resulting in a positive trade balance of $2.43B. Between February 2023 and February 2024 the exports of Brazil have increased by $1.97B (39.8%) from $4.94B to $6.91B, while imports increased by $775M (20.9%) from $3.71B to $4.48B.

Trade In February 2024, the top exports of Brazil to China were Crude Petroleum ($1.6B), Iron Ore ($1.02B), Frozen Bovine Meat ($483M), Soybeans ($306M), and Corn ($275M). In February 2024 the top imports of Brazil from China were Semiconductor Devices ($344M), Telephones ($225M), Integrated Circuits ($137M), Electrical Transformers ($124M), and Nitrogen Heterocyclic Compounds ($120M).

Origins In February 2024 the exports of Brazil were mainly from Minas Gerais ($1.29B), Mato Grosso ($972M), Rio de Janeiro ($922M), Pará ($867M), and São Paulo ($474M), while imports destinations were mainly São Paulo ($1.19B), Santa Catarina ($1.07B), Amazonas ($479M), Minas Gerais ($344M), and Paraná ($336M).

Growth In February 2024, the increase in Brazil's year-by-year exports to China was explained primarily by an increase in product exports in Crude Petroleum ($623M or 64.1%), Corn ($275M or 1.25B%), and Raw Tobacco ($174M or 468%). In February 2024, the increase in Brazil's year-by-year imports  from China was explained primarily by an increase in product imports  in Refined Petroleum ($67M or 163k%), Video and Card Games ($38.1M or 424%), and Cars ($36.4M or 546%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (February 2023 - February 2024)$1.97B(39.8%)
IMPORT GROWTH (February 2023 - February 2024)$775M(20.9%)
MAIN EXPORTER (February 2024)Minas Gerais$1.29B

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check China and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $90.1B to China. The main products exported from Brazil to China were Soybeans ($31.9B), Iron Ore ($18.2B), and Crude Petroleum ($16.8B). During the last 27 years the exports of Brazil to China have increased at an annualized rate of 17%, from $1.31B in 1995 to $90.1B in 2022.

In 2022, China exported $64B to Brazil. The main products exported from China to Brazil were Semiconductor Devices ($4.54B), Pesticides ($2.91B), and Broadcasting Equipment ($2.36B). During the last 27 years the exports of China to Brazil have increased at an annualized rate of 18.6%, from $646M in 1995 to $64B in 2022.

Exports from Brazil (Flag) to China (Flag) (2022)

Exports from China (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top DestinationChina$90.1B
China
Top DestinationUnited States$551B

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 2021, countries that imported more from Brazil than China were Uruguay ($2.92B), Gibraltar ($119M), and Bonaire ($77.2M).

In 2021, countries that imported more from China than Brazil were United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - China

Flow
Scale

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

During 2022, Brazil had a large net trade with China in the exports of Mineral Products ($36.3B), Vegetable Products ($32.3B), and Animal Products ($10.5B).

During 2022, China had a large net trade with Brazil in the exports of Machines ($27.7B), Chemical Products ($14.5B), and Metals ($4.98B).

Economic Complexity

Competitive Landscape

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.

Product Space of Brazil (Flag) and China (Flag) (2022)

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