China / Brazil

Overview In May 2024, China exported $6.94B and imported $10.3B from Brazil, resulting in a negative trade balance of $3.32B. Between May 2023 and May 2024 the exports of China have increased by $2.28B (48.9%) from $4.66B to $6.94B, while imports decreased by $-2.21B (-17.7%) from $12.5B to $10.3B.

Trade In May 2024, the top exports of China to Brazil were Semiconductor Devices ($439M), Telephones ($174M), Nitrogen Heterocyclic Compounds ($118M), Electrical Transformers ($117M), and Motor vehicles; parts and accessories (8701... ($101M). In May 2024 the top imports of China from Brazil were Iron Ore ($2.19B), Crude Petroleum ($1.81B), Soybeans ($1.23B), Sulfate Chemical Woodpulp ($653M), and Frozen Bovine Meat ($581M).

Origins In May 2024 the exports of China were mainly from Guangdong Province ($1.65B), Zhejiang Province ($1.46B), Jiangsu Province ($960M), Shandong Province ($422M), and Anhui Province ($342M), while imports destinations were mainly Beijing ($2.13B), Shandong Province ($1.3B), Jiangsu Province ($1.1B), Shanghai Province ($1.02B), and Zhejiang Province ($813M).

Growth In May 2024, the increase in China's year-by-year exports to Brazil was explained primarily by an increase in product exports in Cars ($49.2M or 221%), Coke ($35.9M or 234%), and Commodities not elsewhere specified ($27M or 45.7%). In May 2024, the decrease in China's year-by-year imports  from Brazil was explained primarily by an decrease in product imports  in Iron Ore ($-412M or -15.9%), Machinery Having Individual Functions ($-128M or -99.9%), and Soybeans ($-121M or -8.91%).