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Trade between Brazil and China

In 2024, Brazil exported $98.3 billion to China and imported $71 billion. Brazil ran a surplus of $27.3 billion with China, compared with a surplus of $27.6 billion in 2019. China was Brazil’s largest trading partner (27% of its trade), and Brazil was China’s 10th (3%).

Summary

Brazil → China
$98.3billion
China → Brazil
$71billion
Brazil’s balance
$27.3billion

Balance

Brazil’s trade balance with China

Trade between Brazil and China grew 90.8-fold since 1995

USD billions (current). Brazil’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 98.3
  • Imports 71
  • Balance +27.3

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$1.3 billion$550 million$765 million
1996$1.3 billion$1.3 billion$43 million
1997$1.2 billion$1.4 billion-$187 million
1998$1 billion$1.3 billion-$288 million
1999$796 million$1.1 billion-$319 million
2000$1.2 billion$1.4 billion-$191 million
2001$2.1 billion$1.6 billion$466 million
2002$2.7 billion$1.7 billion$978 million
2003$4.9 billion$2.4 billion$2.6 billion
2004$6.4 billion$4.1 billion$2.4 billion
2005$7.4 billion$5.9 billion$1.5 billion
2006$9.3 billion$8.8 billion$492 million
2007$16.5 billion$13.9 billion$2.7 billion
2008$18.4 billion$22 billion-$3.5 billion
2009$22.1 billion$17.4 billion$4.6 billion
2010$31.7 billion$29.7 billion$2 billion
2011$45.4 billion$35.8 billion$9.6 billion
2012$42.5 billion$37.5 billion$5.1 billion
2013$47.1 billion$40.2 billion$6.9 billion
2014$42.2 billion$40.7 billion$1.5 billion
2015$36.6 billion$33 billion$3.6 billion
2016$37.8 billion$25.2 billion$12.5 billion
2017$49.4 billion$30.4 billion$19 billion
2018$65.5 billion$35.8 billion$29.6 billion
2019$65.7 billion$38.2 billion$27.6 billion
2020$70.3 billion$37.9 billion$32.4 billion
2021$91.2 billion$53.8 billion$37.4 billion
2022$92.6 billion$65.3 billion$27.3 billion
2023$106.2 billion$57.6 billion$48.6 billion
2024$98.3 billion$71 billion$27.3 billion

What they sell each other

What Brazil sells to China

The top 10 headings in 2024, with their share of the total.

  1. Soybeans$32.2 billion · 32.7%
    72.8 million tonnes · Brazil’s destinations
  2. Iron ore$21.1 billion · 21.4%
    276.4 million tonnes · Brazil’s destinations
  3. Crude petroleum$20.3 billion · 20.6%
    39.4 million tonnes · Brazil’s destinations
  4. Frozen beef$6 billion · 6.1%
    1.3 million tonnes
  5. Chemical wood pulp$4.2 billion · 4.3%
    8.3 million tonnes · Brazil’s destinations
  6. Raw cotton$1.8 billion · 1.8%
    943 thousand tonnes · Brazil’s destinations
  7. Cane and beet sugar$1.5 billion · 1.5%
    3.1 million tonnes · Brazil’s destinations
  8. Poultry meat$1.3 billion · 1.4%
    561 thousand tonnes · Brazil’s destinations
  9. Ferroalloys$1.3 billion · 1.3%
    94 thousand tonnes · Brazil’s destinations
  10. Asphalt mixtures$869 million · 0.88%
    2 million tonnes

What China sells to Brazil

The top 10 headings in 2024, with their share of the total.

  1. Cars$3.4 billion · 4.8%
    258 thousand tonnes · China’s destinations
  2. 1.2 million tonnes
  3. 63 thousand tonnes
  4. Pesticides and herbicides$2.2 billion · 3.1%
    533 thousand tonnes
  5. Microchips$1.7 billion · 2.4%
    2 thousand tonnes · China’s destinations
  6. Dredgers and floating cranes$1.5 billion · 2.2%
    150 thousand tonnes
  7. Auto parts$1.5 billion · 2.1%
    255 thousand tonnes · China’s destinations
  8. 104 thousand tonnes
  9. Phones and telecom equipment$1.4 billion · 1.9%
    14 thousand tonnes
  10. 159 thousand tonnes

How it travels

Estimated sea route from Santos to Shanghai.

The estimated sea route between Santos and Shanghai is 11,445 nautical miles (21,195 km) long: ≈ 26.5–34 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope; and Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$163.5 billion · 96.6%
  2. Air$5.8 billion · 3.4%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

China was Brazil’s largest trading partner (27% of its trade), and Brazil was China’s 10th (3%).

China in Brazil’s trade
26.6%
China’s rank among Brazil’s partners
1st
Brazil in China’s trade
2.9%
Brazil’s rank among China’s partners
10th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.