Brazil: Import of Chinese products reach record total in October

29 November 2007

Sao Paulo, Brazil, 27 Nov – Chinese exports to Brazil reached a record level in October of US$1.429 billion, according to figures from Brazil’s Foreign Trade Ministry.

Compared to the same period of last year, the figure represents growth of 57.7 percent.

The previous record was set in August, a month in which Chinese exports to Brazil reached US$1.318 billion.

The components for telephony equipment were the products that contributed most to the record reached by China in exports to Brazil, with turnover of over US$82 million, followed by liquid crystal displays (LCD) with US$60 million.

In October, China posted a trade surplus of almost US$346 million in relation to Brazil, which was also a record for the year. (macauhub)