Overview: In January 2021 China exported $4.15B and imported $6.44B from Brazil, resulting in a negative trade balance of $2.29B. Between January 2020 and January 2021 the exports of China have increased by $586M (16.4%) from $3.57B to $4.15B, while imports increased by $340M (5.57%) from $6.1B to $6.44B.
Trade: In January 2021, the top exports of China to Brazil were Telephones ($245M), Semiconductor Devices ($240M), Vehicle Parts ($92.8M), LCDs ($88.9M), and Electrical Transformers ($77.3M). In January 2021 the top imports of China from Brazil were Iron Ore ($2.91B), Crude Petroleum ($809M), Soybeans ($459M), Frozen Bovine Meat ($449M), and Sulfate Chemical Woodpulp ($319M).
Origins: In January 2021 the exports of China were mainly from Zhejiang Province ($1.06B), Guangdong Province ($785M), Jiangsu Province ($701M), Shandong Province ($252M), and Shanghai Province ($220M), while imports destinations were mainly Shandong Province ($1.63B), Beijing ($847M), Zhejiang Province ($695M), Guangdong Province ($489M), and Shanghai Province ($487M).
Growth: In January 2021, the increase in China's year-by-year exports to Brazil was explained primarily by an increase in product exports in Semiconductor Devices ($54.7M or 29.5%), Coated Flat-Rolled Iron ($46.4M or 187%), and Computers ($35M or 83%). In January 2021, the increase in China's year-by-year imports from Brazil was explained primarily by an increase in product imports in Iron Ore ($1.36B or 87.6%), Frozen Bovine Meat ($192M or 74.5%), and Raw Sugar ($161M or 659%).