China / Brazil

Overview In December 2024, China exported $5.57B and imported $7.91B from Brazil, resulting in a negative trade balance of $2.34B. Between December 2023 and December 2024 the exports of China have increased by $295M (5.6%) from $5.27B to $5.57B, while imports decreased by $-3.82B (-32.5%) from $11.7B to $7.91B.

Trade In December 2024, the top exports of China to Brazil were Semiconductor Devices ($316M), Telephones ($177M), Cars ($176M), Electrical Transformers ($110M), and Motor vehicles; parts and accessories (8701... ($107M). In December 2024 the top imports of China from Brazil were Iron Ore ($3.3B), Soybeans ($2.35B), Crude Petroleum ($2B), Corn ($737M), and Frozen Bovine Meat ($628M).

Origins In December 2024 the exports of China were mainly from Zhejiang Province ($1.18B), Guangdong Province ($1.1B), Jiangsu Province ($910M), Shandong Province ($458M), and Shanghai Province ($283M), while imports destinations were mainly Beijing ($1.33B), Shandong Province ($1.32B), Shanghai Province ($920M), Zhejiang Province ($635M), and Guangdong Province ($552M).

Growth In December 2024, the increase in China's year-by-year exports to Brazil was explained primarily by an increase in product exports in Cars ($105M or 147%), Coated Flat-Rolled Iron ($51.6M or 147%), and Pesticides ($49.3M or 117%). In December 2024, the decrease in China's year-by-year imports  from Brazil was explained primarily by an decrease in product imports  in Sulfate Chemical Woodpulp ($-239M or -36.6%), Pig Meat ($-63.4M or -51.1%), and Dissolving Grades Chemical Woodpulp ($-41.3M or -49.3%).