Flag China / Brazil Flag

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

2020
FlagFlag
Top Product
: $1.39B, Telephones

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

2020
FlagFlag
Top Product
: $20.9B, Soybeans

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

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

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

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

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

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

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

2010-2020
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GDP PC GROWTH
: 129%, 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

China-Brazil In 2020, China exported $36.4B to Brazil. The main products that China exported to Brazil are 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.

Brazil-China In 2020, Brazil exported $67.9B to China . The main products that Brazil exported 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, Brazil did not export any services to China.

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

Historical Data

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Bilateral Trade by Products

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Depth
Value
Compare to

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.

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.

Market Competitiveness

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Measure

China
Top Destination
: United States, $438B

Brazil
Top Destination
: China, $67.9B

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

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

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

Comparative Advantage China - Brazil

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Flow

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

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).

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).

Tariff Section

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

In 2019, 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%).

In 2019, 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%).

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

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