In 2024, Brazil's trade with China registered a significant surplus, reaching US$ 30.7 billion. Total exports amounted to US$ 94.4 billion, while imports stood at US$ 63.6 billion, highlighting a robust trade relationship dominated by Brazilian primary goods.
The export landscape is heavily concentrated in agricultural and mineral commodities. Soya beans, crude oil, and iron ore represent the largest shares, underscoring Brazil's role as a key supplier of raw materials. On the import side, Brazil receives a diverse range of manufactured goods, with vehicles, semiconductors, and telecommunications equipment being the most prominent categories. Browse the SH4 chapters below to drill into a specific commodity.
| # | SH4 | Description | FOB | Weight | Avg. price |
|---|---|---|---|---|---|
| 1 | Soya beans, whether or not broken |
| US$ 15.83 B |
| 38.09 Mt |
| US$ 0.415/kg |
| 2 | 2709 | Crude oil from petroleum and bituminous minerals | US$ 12.37 B | 24.31 Mt | US$ 0.509/kg |
| 3 | 2601 | Iron ores and concentrates, including roasted iron pyrites | US$ 7.11 B | 103.58 Mt | US$ 0.069/kg |
| 4 | 0202 | Meat of bovine animals, frozen | US$ 3.74 B | 614.8 kt | US$ 6.081/kg |
| 5 | 4703 | Chemical wood pulp, soda or sulphate, other than dissolving grades | US$ 1.60 B | 3.25 Mt | US$ 0.491/kg |
| 6 | 7202 | Ferro-alloys | US$ 801.1 M | 77.9 kt | US$ 10.282/kg |
| 7 | 0207 | Meat and edible offal, of the poultry of heading No 0105, fresh, chilled or frozen | US$ 627.0 M | 235.2 kt | US$ 2.666/kg |
| 8 | 2603 | Copper ores and concentrates | US$ 623.3 M | 187.4 kt | US$ 3.326/kg |
| 9 | 5201 | Cotton, not carded or combed | US$ 586.4 M | 387.9 kt | US$ 1.512/kg |
| 10 | 4702 | Chemical wood pulp, dissolving grades | US$ 465.7 M | 700.3 kt | US$ 0.665/kg |
| 11 | 2713 | Petroleum coke, petroleum bitumen and other residues of petroleum oils or of oils obtained from bituminous minerals | US$ 193.8 M | 435.9 kt | US$ 0.445/kg |
| 12 | 2401 | Unmanufactured tobacco; tobacco refuse | US$ 185.1 M | 22.9 kt | US$ 8.064/kg |
| 13 | 1520 | Glycerol (glycerine), glycerol waters and lyes | US$ 173.1 M | 260.5 kt | US$ 0.665/kg |
| 14 | 2710 | Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic con | US$ 167.6 M | 327.3 kt | US$ 0.512/kg |
| 15 | 4104 | Tanned or crust hides and skins of bovine (including buffalo) or equine animals, without hair on, whether or not split, but not further prepared | US$ 103.1 M | 109.4 kt | US$ 0.942/kg |
| # | SH4 | Description | FOB | Weight | Avg. price |
|---|---|---|---|---|---|
| 1 | 8703 | Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars | US$ 3.71 B | 411.4 kt | US$ 9.015/kg |
| 2 | 8517 | Electrical apparatus for line telephony or line telegraphy, including line telephone sets with cordless handsets and telecommunication apparatus for carrier-current line systems or for digital line systems; videophones | US$ 912.2 M | 9.5 kt | US$ 96.376/kg |
| 3 | Electronic integrated circuits and microassemblies | US$ 884.2 M | 581 t | US$ 1,521.119/kg | |
| 4 | Parts and accessories of the motor vehicles of heading 8701 to 8705 | US$ 803.9 M | 153.2 kt | US$ 5.246/kg | |
| 5 | Heterocyclic compounds with nitrogen hetero-atom(s) only | US$ 614.3 M | 71.8 kt | US$ 8.551/kg | |
| 6 | Insecticides, rodenticides, fungicides, herbicides, anti-sprouting products and plant-growth regulators, disinfectants and similar products, put up in forms or packings for retail sale or as preparations or articles (for example, sulphur-treated bands, wi | US$ 561.3 M | 150.8 kt | US$ 3.723/kg | |
| 7 | Diodes, transistors and similar semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made-up into panels; light-emitting diodes; mounted piezo-electric crystals | US$ 544.2 M | 277.7 kt | US$ 1.960/kg | |
| 8 | Records, tapes and other recorded media for sound or other similarly recorded phenomena, including matrices and masters for the production of records, but excluding products of Chapter 37 | US$ 534.7 M | 21.4 kt | US$ 24.965/kg | |
| 9 | Flat-rolled products of iron or non-alloy steel, of a width of 600 mm or more, clad, plated or coated | US$ 462.3 M | 716.4 kt | US$ 0.645/kg | |
| 10 | Electrical transformers, static converters (for example, rectifiers) and inductors | US$ 453.1 M | 42.2 kt | US$ 10.748/kg | |
| 11 | Mineral or chemical fertilisers, nitrogenous | US$ 425.5 M | 2.18 Mt | US$ 0.195/kg | |
| 12 | New pneumatic tyres, of rubber | US$ 397.3 M | 170.0 kt | US$ 2.338/kg | |
| 13 | Parts and accessories (other than covers, carrying cases and the like) suitable for use solely or principally with machines of headings 8469 to 8472 | US$ 356.7 M | 7.3 kt | US$ 48.818/kg | |
| 14 | Electric accumulators, including separators therefor, whether or not rectangular (including square) | US$ 341.8 M | 26.8 kt | US$ 12.740/kg | |
| 15 | Air or vacuum pumps, air or other gas compressors and fans; ventilating or recycling hoods incorporating a fan, whether or not fitted with filters | US$ 339.0 M | 61.3 kt | US$ 5.528/kg |
In 2024, Brazil's primary exports to China were dominated by commodities. Soya beans (SH4 1201) led the list at US$ 31.5 billion, followed by crude oil (SH4 2709) valued at US$ 19.96 billion, and iron ores (SH4 2601) at US$ 19.88 billion. Frozen bovine meat (SH4 0202) and chemical wood pulp (SH4 4703) also featured prominently.
The trade balance between Brazil and China in 2024 showed a substantial surplus for Brazil, amounting to US$ 30.7 billion. This surplus was driven by total exports of US$ 94.4 billion against imports of US$ 63.6 billion.
In 2024, Brazil's imports from China were primarily manufactured goods. The largest category was motor vehicles (SH4 8703) at US$ 3.14 billion. Other significant imports included semiconductor devices (SH4 8541) valued at US$ 2.84 billion, and telecommunications apparatus (SH4 8517) at US$ 2.43 billion.
Soya beans, classified under SH4 1201, were Brazil's top export to China in 2024, generating US$ 31.5 billion in Free On Board (FOB) value. This single commodity highlights the significant agricultural trade relationship between the two nations.
Brazil exported US$ 19.96 billion worth of crude oil (SH4 2709) to China in 2024. This made crude oil the second-largest export category for Brazil in its trade with China for that year.
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