Overview In July 2021 China exported $4.45B and imported $11.6B from Brazil, resulting in a negative trade balance of $7.15B. Between July 2020 and July 2021 the exports of China have increased by $1.61B (56.8%) from $2.84B to $4.45B, while imports increased by $3.46B (42.4%) from $8.14B to $11.6B.
Trade In July 2021, the top exports of China to Brazil were Mixed Mineral or Chemical Fertilizers ($249M), Telephones ($180M), Blood, antisera, vaccines, toxins and cultures ($177M), Coated Flat-Rolled Iron ($135M), and Semiconductor Devices ($121M). In July 2021 the top imports of China from Brazil were Soybeans ($4.58B), Iron Ore ($3.88B), Crude Petroleum ($1.28B), Frozen Bovine Meat ($387M), and Sulfate Chemical Woodpulp ($320M).
Origins In July 2021 the exports of China were mainly from Guangdong Province ($803M), Zhejiang Province ($753M), Jiangsu Province ($662M), Shandong Province ($371M), and Hubei Province ($248M), while imports destinations were mainly Shandong Province ($2.08B), Beijing ($1.38B), Jiangsu Province ($1.15B), Fujian Province ($914M), and Guangdong Province ($883M).
Growth In July 2021, the increase in China's year-by-year exports to Brazil was explained primarily by an increase in product exports in Mixed Mineral or Chemical Fertilizers ($223M or 860%), Blood, antisera, vaccines, toxins and cultures ($161M or 1.02k%), and Coated Flat-Rolled Iron ($110M or 442%). In July 2021, the increase in China's year-by-year imports from Brazil was explained primarily by an increase in product imports in Iron Ore ($1.75B or 81.9%), Soybeans ($1.51B or 49.2%), and Raw Sugar ($60.3M or 80.9%).