Bilateral trade between Brazil and China continues to break historic records. This year, for the first time since the beginning of the historical series, in 1997, trade between the two countries will approach the record level of US$ 140 billion, and Brazilian exports to a single country will be close to $100 billion – also a new record.
Between January and October, trade with the Chinese has already set another new record: for the first time in history, the balance in favor of Brazil surpassed the figure of US$ 40 billion.
According to data released on November 3rd by SECEX (the foreign trade secretariat of the Ministry of Economy), from January to October, exports to China totaled US$ 79.219 billion and were responsible for 33.6% of all sales carried out by Brazilian companies in the period.
