Brazil’s exports to China totaled US $ 5.47 billion in January this year, marking a 30% drop in relation to the same period of 2023, according to data from the Brazil-China Business Council (CEBC). In the same month, Brazilian imports from China exceeded $ 6 billion, resulting in a commercial deficit of US $ 582 million.
It was the first time since 2020 that Brazilian exports to China have shrunk in January, registering the largest monthly decline in recent decades. The impact was significant for Brazil’s foreign trade, contributing to a 5.7% general drop in exports in the country.
Among the most exported products, copper minerals and iron had significant increases of 222% and 147%, respectively. However, crude oil exports fell 38%, while soybeans plunged 68%, affecting the commercial balance.
Imports of China, on the other hand, recorded growth in various categories, such as memory cards and chips (36%), computers (19%) and cell phones (16%). Imports of photovoltaic panels rose 29% in volume, but the total imported value fell 30%, reflecting adjustments in the renewable energy market.
Source: https://www.chinahoje.net/exportacoes-do-brasil-para-a-china-caem-30-em-janeiro/
