2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
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GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
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GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
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GDP PC
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186

About

Brazil-China Trade: In 2022, Brazil exported $90.1B to China. The main products that Brazil exported to China were Soybeans ($31.9B), Iron Ore ($18.2B), and Crude Petroleum ($16.8B). Over the past 5 years the exports of Brazil to China have increased at an annualized rate of 13.4%, from $48B in 2017 to $90.1B in 2022.

In 2022, Brazil did not export any services to China.

China-Brazil Trade: In 2022, China exported $64B to Brazil. The main products that China exported to Brazil were Semiconductor Devices ($4.54B), Pesticides ($2.91B), and Broadcasting Equipment ($2.36B). Over the past 5 years the exports of China to Brazil have increased at an annualized rate of 16.3%,  from $30.1B in 2017 to $64B in 2022.

In 2022, China did not export any services to Brazil.

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $90.1B to China. The main products exported from Brazil to China were Soybeans ($31.9B), Iron Ore ($18.2B), and Crude Petroleum ($16.8B). During the last 5 years the exports of Brazil to China have increased at an annualized rate of 13.4%, from $48B in 2017 to $90.1B in 2022.

In 2017, China exported $64B to Brazil. The main products exported from China to Brazil were Semiconductor Devices ($4.54B), Pesticides ($2.91B), and Broadcasting Equipment ($2.36B). During the last 5 years the exports of China to Brazil have increased at an annualized rate of 16.3%, from $30.1B in 2022 to $64B in 2017.

Exports from Brazil (Flag) to China (Flag) (2022)

Exports from China (Flag) to Brazil (Flag) (2022)

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
China
Top Destination
United States$551B

This map shows whether countries import more from Brazil or China. Each country is colored based on the difference in imports they receive from Brazil and China or the difference in the growth in imports.

In 2022, countries that imported more from Brazil than China included Uruguay ($2.92B), Gibraltar ($119M), and Bonaire ($77.2M).

In 2022, countries that imported more from China than Brazil included United States ($551B), Hong Kong ($276B), and Japan ($178B).

Difference in imports from China (Flag) and Brazil (Flag) (2022)

Comparative Advantage Brazil - China

Flow
Scale

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

During 2022, Brazil had a large net trade with China in the exports of Mineral Products ($36.3B), Vegetable Products ($32.3B), and Animal Products ($10.5B).

During 2017, China had a large net trade with Brazil in the exports of Machines ($27.7B), Chemical Products ($14.5B), and Metals ($4.98B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil China+$2.5BCrude Petroleum
Top Product Potential China Brazil+$767MTelephones

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brazil and China. This means that a dot/product with the flag of Brazil indicates it has a comparative advantage over China. Similarly, a dot/product with the flag of China indicates it has a comparative advantage over Brazil.

Product Space of Brazil (Flag) and China (Flag) (2022)

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