The value of Brazilian agribusiness exports to China grew by 8.9 percent between August 2023 and July 2024, reaching $57,940 million, the Ministry of Agriculture and International Relations (SCRI) of Brazil’s Ministry of Agriculture and Agriculture said today.
The data were released coinciding with the 50 years of diplomatic relations between the two countries, which are held this Thursday.
In 2023, Brazilian agribusiness exports to China broke a record of more than $60 billion, more than $9 billion more than in 2022. And everything indicates that the figure will continue to increase this year: in the first semester, Brazil exported agricultural products, worth $28.44 billion, to China.
The main Brazilian products exported to China are soybeans, corn, sugar, beef, chicken meat, cellulose, cotton and fresh pork.
As a bilateral relationship, in addition to exporting, Brazil also imported products from the Asian country, such as forest products and textiles.
Diplomatic relations between Brazil and China, especially under President Lula and Minister Carlos Fávaro, have reached unprecedented levels. Since successful diplomacy, we have reaped the fruits of solid trade negotiations, which have consolidated China as our main strategic partner in agribusiness, highlighted SCRI Secretary Roberto Perosa.
Perosa also stated that the restoration of a fruitful dialogue with the Asian country allows significant progress, such as the expansion of exports of key products, further strengthening Brazil’s role on the world stage.
This article has been translated after first appearing in El Pais