Brazil-China In 2019, Brazil exported $63.5B to China. The main products that Brazil exported to China are Soybeans ($20.5B), Crude Petroleum ($15.5B), and Iron Ore ($13.6B). During the last 24 years the exports of Brazil to China have increased at an annualized rate of 17.5%, from $1.31B in 1995 to $63.5B in 2019.
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What does China import from Brazil?
| China Imports from Brazil | Value | Year |
|---|---|---|
| Meat and edible meat offal | $7.43B | 2020 |
| Pulp of wood, fibrous cellulosic material, waste | $3.66B | 2020 |
| Iron and steel | $2.24B | 2020 |
| Sugars and sugar confectionery | $1.27B | 2020 |
How Much Does Brazil export to China?
Brazil top 5 Export and Import partners 2019
Brazil exports to China worth US$ 63,358 million, with a partner share of 28.11 percent. Brazil exports to United States worth US$ 29,860 million, with a partner share of 13.25 percent.
What is Brazil’s main export?
In 2019, Brazil most exported products were soybean and crude oil or bituminous mineral oils, reaching an export value of 26.1 billion U.S. dollars and 24.2 billion dollars, respectively. Iron ore and its concentrates was Brazil third most exported product, with 22.7 billion U.S. dollars worth of exports.
What do we export most to China?
The top US goods exports to China are oilseeds and grains, semiconductors and their componentry, oil and gas, and motor vehicles. Many states also generate substantial economic value from service exports like travel, education, and financial services.
Who is Brazil’s biggest trade partner?
China
Brazil top 5 Export and Import partners
| Market | Trade (US$ Mil) | Partner share(%) |
|---|---|---|
| China | 63,358 | 28.11 |
| United States | 29,860 | 13.25 |
| Netherlands | 10,126 | 4.49 |
| Argentina | 9,791 | 4.34 |
Are China and Brazil allies?
China became Brazil’s largest trading partner in 2009. Former Brazilian President Luiz Inácio Lula da Silva and many in the Brazilian media consider China to be “Brazil’s most promising business partner and a strategic ally” due to China’s “rapidly rising demand for raw materials and agricultural produce”.
Where does Brazil mainly export to?
Exports The top exports of Brazil are Soybeans ($26.1B), Crude Petroleum ($24.3B), Iron Ore ($23B), Corn ($7.39B), and Sulfate Chemical Woodpulp ($7.35B), exporting mostly to China ($63.5B), United States ($30.5B), Argentina ($9.85B), Netherlands ($9.13B), and Japan ($5.58B).
What does Brazil import and export?
Brazil mainly exports soy beans (11.6%), petroleum oils (10.7%), iron ores (10.1%), maize (3.2%), and chemical wood pulp (3.1%); while its main imports are petroleum oils (9.9%), parts and accessories for tractors and motor vehicles (2.6%), electrical apparatus for line telephony (2.5%), floating vessels (2.5%), and
What does Brazil import the most?
Brazil imports mainly manufactured goods (85 percent of total imports), namely machinery, fuels and lubricants, chemicals and pharmaceutical products, and parts and accessories for motor vehicles and tractors. The country also imports raw materials (10 percent), mostly crude oil, coal, natural gas and wheat grain.
What does Brazil buy from other countries?
Top 10
- Electrical machinery, equipment: US$20.6 billion (12.9% of total imports)
- Machinery including computers: $19.9 billion (12.5%)
- Mineral fuels including oil: $14.1 billion (8.9%)
- Organic chemicals: $10.4 billion (6.6%)
- Ships, boats: $10.2 billion (6.4%)
- Fertilizers: $8 billion (5.1%)
- Vehicles: $7.6 billion (4.8%)
What product is Brazil known for?
Major agricultural products are coffee, sugar, soybeans, manioc, rice, maize, cotton, edible beans and wheat. Brazil produces about 20 billion litres of milk per annum and is the sixth or seventh largest world producer.
Where does Brazil import from?
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| Brazil Imports By Country | Value | Year |
|---|---|---|
| China | $36.74B | 2020 |
| United States | $29.72B | 2020 |
| Germany | $9.68B | 2020 |
| Argentina | $8.22B | 2020 |
What is China’s biggest import?
Imports The top imports of China are Crude Petroleum ($204B), Integrated Circuits ($123B), Iron Ore ($83.1B), Petroleum Gas ($47.8B), and Cars ($43.1B), importing mostly from South Korea ($136B), Japan ($128B), Australia ($111B), Germany ($107B), and United States ($103B).
What is the most imported products from China?
Searchable List of China’s Most Valuable Import Products
| Rank | China’s Import Product | 2020 Value (US$) |
|---|---|---|
| 1 | Integrated circuits/microassemblies | $350,845,066,000 |
| 2 | Crude oil | $176,321,269,000 |
| 3 | Iron ores, concentrates | $118,944,291,000 |
| 4 | Cars | $44,923,331,000 |
Which country imports the most from China?
List of largest trading partners of China
| Rank | Country / Territory | Imports |
|---|---|---|
| 1 | United States | 153.9 |
| 2 | European Union | 197.9 |
| – | ASEAN | 236.4 |
| 3 | Japan | 165.8 |
What currency does Brazil use?
Brazilian real
What does the US import from Brazil?
The top import categories (2-digit HS) in 2019 were: mineral fuels ($5.2 billion), iron and steel ($3.4 billion), aircraft ($2.7 billion), special other (returns) ($2.5 billion), and machinery ($2.4 billion).
How many Chinese are in Brazil?
There are currently a total of around 350,000 Chinese immigrants and descendants in Brazil.
Why is Brazil important to the world?
Brazil is South America’s most influential country, a rising economic power and one of the world’s biggest democracies.A former Portuguese colony, Brazil has a highly diverse population, including indigenous Americans and the descendants of African slaves and European settlers.
Is Brazil friends with the US?
As two of the largest democracies and economies in the Western Hemisphere, the United States and Brazil have a partnership that is rooted in a shared commitment to expand economic growth and prosperity; promote international peace, security, and respect for human rights; and strengthen defense and security cooperation.
