Economic Indicators
2020(a) | 2021(a) | 2022(b) | 2023(b) | |
Population (million) | 211.8 | 212.6 | 214.0 | 215.2 |
GDP (US$ billion) | 1,448.6 | 1,608.1 | 1,894.7 | 2,059.4 |
Real GDP Growth Rate (%) | -3.9 | 4.6 | 2.8 | 1.0 |
Total Export of Goods (US$ billion) | 211.3 | 281.6 | 290.5 | 302.5 |
Total Import of Goods (US$ billion) | 168.5 | 232.7 | 214.8 | 210.0 |
Total Export of Services (US$ billion) | 27.5 | 31.5 | – | – |
Total Import of Services (US$ billion) | 52.2 | 58.4 | – | – |
Consumer Price Index (%) | 3.2 | 8.3 | 9.3 | 4.7 |
Current Account Balance (US$ billion) | -24.5 | -27.9 | -27.4 | -32.1 |
Exchange Rate (Brazilian Real BRL: US$, Period Average) | 5.2 | 5.4 | 5.2(c) | 5.3(c) |
Remarks: (a) actual value; (b) estimated value of International Monetary Fund (IMF); (c) estimated value of Oxford Economics
Source: International Monetary Fund (IMF), Oxford Economics “Country Economic Forecast – Brazil (Feb 2023)”
Main Export and Import Place of Goods
Main export destinations (2021) | Proportion of Total Exports of Goods (%) |
China | 31.4 |
United States | 11.2 |
Argentina | 4.3 |
The Netherlands | 3.3 |
Others | 49.8 |
Main Import Origins (2021) | Proportion of Total Imports of Goods (%) |
China | 21.7 |
United States | 18.1 |
Argentina | 5.4 |
Germany | 5.2 |
Others | 49.6 |
Source: International Monetary Fund (IMF)
Major import and export of goods
Major exports of goods (2021) | Proportion of Total Exports of Goods (%) |
Ores, slag and ash | 17.4 |
Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder | 13.9 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 13.7 |
Meat and edible Meat offal | 6.5 |
Others | 48.5 |
Major imports of goods (2021) | Proportion of Imports of Goods (%) |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes | 13.4 |
Nuclear reactors, boilers, machinery and mechanical | 13.4 |
Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles. | 12.6 |
Organic Chemicals | 6.9 |
Others | 53.7 |
Source: International Trade Center (ITC)
Major Imports and Exports of Services
Main Export of Services (2021) | Proportion of Total Exports of Services (%) |
Other business services | 46.8 |
Transport | 19.5 |
Telecommunications, computer, and information services | 9.8 |
Other | 23.9 |
Main Import of Services (2021) | Proportion of Total Imports of Services (%) |
Other business services | 35.5 |
Transport | 12.9 |
Telecommunications, computer, and information services | 10.9 |
Other | 40.7 |
Remarks：The above content is the estimated data of UNCTAD, WTO and ITC.
Source：International Trade Centre (ITC)
Statistics on the Trade of Goods between Mainland China and Brazil (US$ ten thousands)
Year | Total Trade | Total Exports value* | Total Imports value** |
2022 | 17,149,201.4 | 6,196,997.1 | 10,952,204.3 |
2021 | 16,419,138.1 | 5,361,094.1 | 11,057,234.0 |
2020 | 11,904,032.1 | 3,495,652.5 | 8,408,379.6 |
2019 | 11,534,169.8 | 3,554,389.9 | 7,979,779.9 |
2018 | 11,118,082.6 | 3,366,877.7 | 7,751,204.9 |
Remarks: * Value of goods exported to Brazil from Mainland China; **Value of goods imported from Brazil to Mainland China
Source of Data: General Administration of Customs of the People’s Republic of China
Statistics of trade in goods between Macao and Brazil (US$) (USD 1» MOP 8)
Year | Total Trade | Total Exports Value* | Total Imports Value** |
2022 | 97,156,236.3 | 88,478.8 | 97,067,757.5 |
2021 | 55,855,306.6 | 167,839.1 | 55,687,467.5 |
2020 | 54,421,509 | 192,956 | 54,228,553 |
2019 | 64,875,027 | 64,943 | 64,810,084 |
2018 | 57,363,870 | 5,042 | 57,358,828 |
Remarks: * Value of goods exported to Brazil from Macao; **Value of goods imported from Brazil to Macao.
Source of Data: Statistics and Census Service (DSEC), Macao SAR Government
Sources:
- Country (region) guide for foreign investment cooperation (Brazil) by the Ministry of Commerce of the People’s Republic of China
- “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
- General Administration of Customs of the People’s Republic of China
- Ministry of Development, Industry and Foreign Trade, Brazil
- SinoMaps Press
- Statistics and Census Service (DSEC), Macao SAR Government
- International Monetary Fund (IMF)
- International Trade Center (ITC)
- “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
- “Country Economic Forecast – Brazil (Feb 2023)” by Oxford Economics
Updated in June 2023.
