Brazil-China Bilateral Trade Analysis 2023

Complete trade statistics: $162.44B total volume โ€ขBrazil surplus: $46.83B

Brazil โ†’ China

$104.64B

Exports (2023)

China โ†’ Brazil

$57.80B

Imports (2023)

Trade Balance

$46.83B

Surplus for Brazil

Total Trade

$162.44B

Combined Volume

Trade Flow Visualization

Direct trade relationship between Brazil and China. Green line shows exports from Brazil, red line shows imports.

Detailed Product Trade Analysis

Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-China commercial relationship and competitive positioning in global markets.

Brazil โ†’ China Exports

$104.64B
2023 Total

Export Market Intelligence

Product Diversity:
Highly Diversified
Market Share:
37.2% top product
1Soya beans: other than seed, whether or not broken
$38.90B
37.2% of exports
2Oils: petroleum oils and oils obtained from bituminous minerals, crude
$19.80B
18.9% of exports
3Iron ores and concentrates: non-agglomerated
$19.65B
18.8% of exports
4Meat: of bovine animals, boneless cuts, frozen
$5.74B
5.5% of exports
5Cereals: maize (corn), other than seed
$3.65B
3.5% of exports
6Wood pulp: chemical wood pulp, soda or sulphate, (other than dissolving grades), semi-bleached or bleached, of non-coniferous wood
$3.18B
3.0% of exports
7Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter
$1.85B
1.8% of exports
8Meat and edible offal: of fowls of the species Gallus domesticus, cuts and offal, frozen
$1.61B
1.5% of exports
9Cotton: not carded or combed
$1.50B
1.4% of exports
10Ferro-alloys: ferro-niobium
$939.63M
0.9% of exports

๐ŸŽฏ Strategic Export Focus

Brazil's export portfolio to China demonstrates strong diversification across multiple sectors, with soya beans: other than seed, whether or not broken representing a key competitive advantage in this bilateral market.

China โ†’ Brazil Imports

$57.80B
2023 Total

Import Dependency Profile

Supply Diversity:
Well Diversified
Critical Imports:
6.8% concentration
1Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED)
$3.96B
6.8% of imports
2Telephones for cellular networks or for other wireless networks
$1.48B
2.6% of imports
3Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts
$1.14B
2.0% of imports
4Floating or submersible drilling or production platforms
$1.06B
1.8% of imports
5Herbicides, anti-sprouting products and plant-growth regulators: other than containing goods of Subheading Note 1 to this Chapter: put up in forms or packings for retail sale or as preparations or articles
$1.02B
1.8% of imports
6Fertilizers, mineral or chemical: nitrogenous, ammonium sulphate
$970.63M
1.7% of imports
7Electrical static converters
$960.43M
1.7% of imports
8Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
$761.45M
1.3% of imports
9Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus
$702.23M
1.2% of imports
10Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds
$658.22M
1.1% of imports

๐Ÿ“ฆ Import Strategy Analysis

Brazil's import pattern from China reveals significant dependencyin electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

๐Ÿ†

Market Leadership

Brazil demonstrates competitive strength in exportingsoya beans: other than seed, whether or not broken to China, leveraging comparative advantages.

Export Leader in 20+ Categories
๐Ÿ”„

Trade Complementarity

The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.

Specialized Exchange
๐Ÿ“ˆ

Growth Potential

The $162.44B trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Major Partnership

Executive Summary: Brazil-China Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $162.44 billionrepresenting a significant bilateral economic relationship
  • Trade Balance: Brazil maintains a surplus of $46.83 billion
  • Export Focus: Brazil's primary exports include soya beans: other than seed, whether or not broken, oils: petroleum oils and oils obtained from bituminous minerals, crude, iron ores and concentrates: non-agglomerated
  • Import Dependencies: Key imports from China include electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), telephones for cellular networks or for other wireless networks, telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationDiversified
Trade Balance HealthImbalanced

๐Ÿ“ˆ Market Position: This bilateral trade relationship represents one of the world's largest trade partnerships, with complementary economic strengths driving sustained commercial exchange.

Historical Trade Analysis & Economic Context

Trade Evolution Timeline

2019-2023: Recent Trends

Current trade volume of $162.44B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.

2015-2019: Growth Period

Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in soya beans: other than seed, whether or not broken.

2010-2015: Foundation Building

Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.

Pre-2010: Early Development

Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.

Key Economic Drivers

1

Comparative Advantage

Brazil's specialization in soya beans: other than seed, whether or not brokencomplements China's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led).

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $162.44B bilateral relationship.

Trade Pattern Insights

Trade ComplementarityAsymmetric
Seasonal VariationsModerate
Product ConcentrationLow
Market DependencyModerate
๐Ÿ”ฎ

Trade Relationship Outlook

The $162.44B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.

Economic Impact & Strategic Outlook

Economic Impact Assessment

๐Ÿ’ฐ

Trade Volume Impact

The $162.44 billion bilateral trade volume represents a major economic driverfor both economies.

Economic Significance: Critical
๐Ÿญ

Industrial Integration

Trade flows in soya beans: other than seed, whether or not broken and electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led) demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Diversified
โš–๏ธ

Trade Balance Effects

Brazil's trade surplus of $46.83 billion strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

๐Ÿš€Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in oils: petroleum oils and oils obtained from bituminous minerals, crude present expansion opportunities.
Market Diversification
Beyond current focus on electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), new product categories offer potential for trade expansion.

โš ๏ธRisk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in soya beans: other than seed, whether or not broken may affect future market positioning.

๐ŸŽฏStrategic Recommendations

  • Strengthen cooperation in high-value sectors beyond current trade patterns
  • Develop alternative supply chains to reduce dependency risks
  • Explore joint ventures in emerging technology sectors
  • Enhance trade facilitation and reduce transaction costs

Market Position & Competitive Summary

The bilateral trade relationship between Brazil and China represents a total trade volume of $162.44 billion in 2023. This partnership demonstrates a favorable trade balance for Brazil, with exports exceeding importsby $46.83 billion.

Export Strengths

Brazil's exports to China total $104.64 billion, with competitive advantages in soya beans: other than seed, whether or not broken, representing $38.90B or37.2% of bilateral exports.

Import Dependencies

Imports from China amount to $57.80 billion, highlighting economic interdependence in electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (led), with Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light-emitting diodes (LED) comprising6.8% of total imports.

The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brazil's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.

Download Bilateral Trade Data

Access detailed trade data between Brazil and China in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) โ€ข Last Updated: January 2025 โ€ข Coverage: 1995-2023