China (CHN) and Brazil (BRA) Trade

About

China-Brazil: In 2019, China exported $36.3B to Brazil. The main products that China exported to Brazil are Special Purpose Ships ($2.89B), Telephones ($1.25B), and Semiconductor Devices ($1.24B). During the last 24 years the exports of China to Brazil have increased at an annualized rate of 18.4%, from $628M in 1995 to $36.3B in 2019.

In 2019, China did not exported services to Brazil.

Brazil-China: In 2019, Brazil exported $63.5B to China . The main products that Brazil exported to China were Soybeans ($20.5B), Crude Petroleum ($15.5B), and Iron Ore ($13.6B). During the last 24 years the exports of Brazil to China have increased at an annualized rate of 17.5%, from $1.31B in 1995 to $63.5B in 2019.

In 2019, Brazil did not exported services to China.

Comparison: In 2019, China ranked 29 in the Economic Complexity Index (ECI 1.06), and 1 in total exports ($2.57T). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.55), and 25 in total exports ($230B).

Product Trade

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Bilateral Trade by Products

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Depth

Value

Year

In 2019, China exported $36.3B to Brazil. The main products exported from China to Brazil were Special Purpose Ships ($2.89B), Telephones ($1.25B), and Semiconductor Devices ($1.24B). During the last 24 years the exports of China to Brazil have increased at an annualized rate of 18.4%, from $628M in 1995 to $36.3B in 2019.

In 2019, Brazil exported $63.5B to China. The main products exported from Brazil to China were Soybeans ($20.5B), Crude Petroleum ($15.5B), and Iron Ore ($13.6B). During the last 24 years the exports of Brazil to China have increased at an annualized rate of 17.5%, from $1.31B in 1995 to $63.5B in 2019.

Latest Data

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Date

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Date

Market Competitiveness

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Measure

SectionYear

China
Top Destination: United States, $429B

Brazil
Top Destination: China, $63.5B

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 ($429B), Hong Kong ($268B), and Japan ($152B).

In 2019, countries that imported more from Brazil than China were Argentina ($9.85B), Uruguay ($2.49B), and Paraguay ($2.5B).

Comparative Advantage China - Brazil

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Depth

Year

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

During 2019, China had a large net trade with Brazil in the exports of Machines ($14.8B), Chemical Products ($5.03B), and Transportation ($4.3B).

During 2019, Brazil had a large net trade with China in the exports of Mineral Products ($30B), Vegetable Products ($20.5B), and Animal Products ($4.58B).

Tariff Section

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Tariffs

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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 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%).

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%).

Explore Tariff Data

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

Economic Complexity

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Competitive Landscape

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Year

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.

About

Product Trade

Bilateral Trade by Products

Latest Data

Market Competitiveness

Comparative Advantage China - Brazil

Tariff Section

Tariffs

Economic Complexity

Competitive Landscape

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