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China-Brazil trade volume exceeds US$125 billion in 2021
Seetao 2021-12-08 14:52
  • The trade volume between China and Brazil continues to grow, reaching US$125 billion in the first 11 months of 2021
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According to reports, although the new crown epidemic is still continuing, the trade volume between Brazil and China has grown rapidly. From January to November 2021, the bilateral trade volume between Brazil and China reached US$125.99 billion, and Brazil achieved a surplus of US$39.373 billion.

According to statistics from the Brazilian Ministry of Economic Affairs quoted by this website, since 2021, Brazil's exports to China have reached US$82.236 billion, an increase of 30.2% over the same period in 2020, accounting for 32.1% of its total exports; imports amounted to 428.62 Billion US dollars, an increase of 36.2% year-on-year, accounting for 21.5% of total imports. Keywords: One Belt One Road, One Belt One Road News, One Belt One Road Project, Overseas Projects

In addition, Brazil’s trade surplus with China accounts for about 70% of its total surplus of 57 billion U.S. dollars. Figures show that in the first 11 months of 2021, soybeans, iron ore and crude oil ranked the top three in Brazil's exports to China.Editor/XuNing

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