China is Brazil’s main trading partner in 2010

6 January 2011

Brasilia, Brazil, 6 Dec – In 2010 China consolidated its position as Brazil’s main trading partner, according to foreign trade figures issued in Brasilia by the Ministry for Development, Industry and Foreign Trade.

In 2010 china was the biggest importer of Brazilian products and acquired goods worth US$30.8 billion, which was followed by the United States, with US$19.5 billion and Argentina, in third place, with US$18.5 billion.

China was ranked second in terms of imports into Brazil, with US$25.6 billion, just behind the United States which sold goods to Brazil worth US$27.2 billion, with Argentina in third place with US$14.4 billion.

In terms of total trade in 2010, China was ranked first with US$56.4 billion, the United States in second place with US$46.7 billion and Argentina in third place with US$32.9 billion.

In 2010, Brazil set new records both in the value of exports – US$201.916 billion – and imports – US$181.638 billion – and the ministry this for this year has a target of US$228 billion in exports, which would represent year on year growth of 13 percent. (macauhub)