Trade Ties between China and Brazil

Chinese Brazilian Trade Ties Continue to Grow

Commodity Trade Ties between China and Brazil

JULY, 2010 By Bernard Lapointe In April, China and Brazil signed various trade agreements with the objective of boosting two-way trade between the two countries. In particular Presidents Hu and Da Silva signed a 5-year action plan to increase trade and energy cooperation. Flags China Brazil Since China joined the World Trade Organization (WTO) in 2002, Brazil’s exports to China have grown at 23% per annum, faster than during the 1989-2009 period at 18%. Brazilian imports from China have grown at 26% per annum since 1989. Recently China overtook the USA to become Brazil’s number one trading partner. As of May 2010 exports to China accounted for 14% of its total exports, from 4% in 2002. Imports from China, the world’s largest go....

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