China's trade with Brazil surged 9.9% in 2024, reaching $158.33 billion, strengthening their economic ties.

In the first 10 months of 2024, China's trade with Brazil grew by 9.9%, reaching $158.33 billion, highlighting the countries' strong economic ties. China imports significant amounts of Brazilian soybeans and iron ore, while Brazilian industrialization benefits from Chinese exports. This growth exceeds China's overall foreign trade growth by 4.7 percentage points, marking a milestone in the 50th year of diplomatic relations between the two nations.

November 17, 2024
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