In 2000, the year China joined the World Trade Organization (WTO), Brazilian exports to the Asian country totaled US$ 1.085 billion, corresponding only to 1.97% of the US$ 60.1 billion sold by the country abroad. Twenty-one years later, in 2021, exports to China soared to US$ 87.7 billion, accounting for 31.27% of all Brazilian exports. This percentage was slightly lower than the 32.41 percent share recorded in 2020, which was a record in the Sino-Brazilian trade history. These figures can be found in the Brazilian Foreign Trade Association (AEB)‘s recent report, Radiograph of Foreign Trade in Brazil. As for imports, the Chinese dominance is not so preponderant. Although the country leads the rank of Brazilian imports, there is little difference compared to the numbers of US imports. China accounted for 21.72% of Brazil’s overseas purchases, with sales totaling US$ 47.6 billion. On the other hand, Brazil purchased a total worth US$ 39.3 billion from the United States, which accounts for 17.95% of Brazilian imports.
Fontes: Comex do Brasil/Datamar News