RIO DE JANEIRO, BRAZIL - Trade between Brazil and China reached US$135 billion in 2021, the fourth consecutive record-breaking year.
Brazilian companies sold US$87.9 billion in products to China, up 29% over 2020. Brazilian imports reached US$47.6 billion, 37% more than the previous year.
According to the Brazilian Ministry of Economy, trade between the two countries has increased by over 130% since 2016, maintaining China’s position as Brazil’s largest trading partner, ahead of the United States.
Brazil-China Business Council (CEBC) research director Tulio Cariello said that among the 10 products most exported . . .