Brazil could surpass forecast and break historic record in exports to China this year, says newspaper

Updated Nov 20, 2023
Brazil's exports to China, in 2023, could reach a historic value of US$100 billion (almost R$500 billion), an unprecedented amount even taking into account trade with other countries around the world. The data released by journalist Assis Moreira in Valor Econômica surprises even the government's own economic team, which predicted a ceiling of up to US$90 billion in Brazilian remittances to China. :: Chinese machines for family farming are on their way to the Northeast :: Last year, exports were US$89.4 billion to the Asian country, which meant 26% of all international sales in Brazil in 2022. If sales of almost half a trillion reais are achieved, 30% of all Brazilian trade will be destined for China this year. In 2014, this percentage was 18%. :: Joe Biden and Xi Jinping meet in San Francisco; military personnel from both countries will resume dialogue :: In addition to soybeans, ore and oil, the arrival of corn in the business portfolio boosted the commercial relationship ...
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