Overview In December 2022, China exported $4.28B and imported $8.22B from Brazil, resulting in a negative trade balance of $3.94B. Between December 2021 and December 2022 the exports of China have decreased by $-1.16B (-21.3%) from $5.43B to $4.28B, while imports increased by $1.57B (23.6%) from $6.65B to $8.22B.
Trade In December 2022, the top exports of China to Brazil were Semiconductor Devices ($549M), Pesticides ($198M), Telephones ($196M), Nitrogen Heterocyclic Compounds ($180M), and Sound Recordings ($129M). In December 2022 the top imports of China from Brazil were Iron Ore ($2.42B), Crude Petroleum ($1.52B), Soybeans ($1.35B), Sulfate Chemical Woodpulp ($426M), and Raw Cotton ($290M).
Origins In December 2022 the exports of China were mainly from Zhejiang Province ($845M), Guangdong Province ($789M), Jiangsu Province ($731M), Shandong Province ($382M), and Shanghai Province ($221M), while imports destinations were mainly Beijing ($2.33B), Shandong Province ($1.32B), Shanghai Province ($702M), Guangdong Province ($633M), and Fujian Province ($574M).
Growth In December 2022, the decrease in China's year-by-year exports to Brazil was explained primarily by an decrease in product exports in LCDs ($-87.8M or -98.8%), Telephones ($-48.7M or -19.9%), and Coated Flat-Rolled Iron ($-46.3M or -65.1%). In December 2022, the increase in China's year-by-year imports from Brazil was explained primarily by an increase in product imports in Soybeans ($889M or 194%), Crude Petroleum ($708M or 87.6%), and Machinery Having Individual Functions ($128M or 185k%).