Brazil / China

Overview In September 2024, Brazil exported $7.56B and imported $5.78B from China, resulting in a positive trade balance of $1.78B. Between September 2023 and September 2024 the exports of Brazil have decreased by $-1.98B (-20.7%) from $9.54B to $7.56B, while imports increased by $952M (19.7%) from $4.83B to $5.78B.

Trade In September 2024, the top exports of Brazil to China were Crude Petroleum ($1.6B), Iron Ore ($1.02B), Frozen Bovine Meat ($483M), Soybeans ($306M), and Corn ($275M). In September 2024 the top imports of Brazil from China were Semiconductor Devices ($344M), Telephones ($225M), Integrated Circuits ($137M), Electrical Transformers ($124M), and Nitrogen Heterocyclic Compounds ($120M).

Origins In September 2024 the exports of Brazil were mainly from Rio de Janeiro ($1.13B), Minas Gerais ($1B), Pará ($986M), Rio Grande do Sul ($604M), and São Paulo ($555M), while imports destinations were mainly São Paulo ($1.52B), Santa Catarina ($1.2B), Amazonas ($534M), Paraná ($513M), and Minas Gerais ($423M).

Growth In September 2024, the decrease in Brazil's year-by-year exports to China was explained primarily by an decrease in product exports in Soybeans ($-691M or -69.3%), Raw Cotton ($-114M or -72.5%), and Iron Ore ($-91.3M or -8.22%). In September 2024, the increase in Brazil's year-by-year imports  from China was explained primarily by an increase in product imports  in Refined Petroleum ($67M or 163k%), Video and Card Games ($38.1M or 424%), and Cars ($36.4M or 546%).