Brazil ran a US$ 24.06 billion trade surplus with China in January–July 2026, exporting US$ 69.03 billion against US$ 44.96 billion in imports. It is Brazil's largest bilateral relationship by value, and the only one whose total trade flow clears US$ 100 billion in seven months.
The structure is asymmetric by nature: Brazil sells primary commodities — soybeans, crude oil and iron ore account for more than half the export basket — and buys higher-value manufactures, led by motor cars, integrated circuits and telephony equipment. Browse the SH4 chapters below to drill into a specific commodity.
In trade with China, Brazil closed January–October 2026 with a surplus of US$ 26.96B.
Brazil sold US$ 93.10B and bought US$ 66.14B, across 1,135 SH4 headings with data.
Brazil holds a US$ 24.06 billion surplus over the period: US$ 69.03 billion exported against US$ 44.96 billion imported. Note the window covers seven months rather than a full year — any comparison with earlier years is only honest against the same January-to-July stretch.
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See what Pro includesSoybeans lead at US$ 24.36 billion, followed by crude petroleum oils (US$ 18.06 billion) and iron ores (US$ 10.77 billion). Together they reach US$ 53.19 billion, roughly 77% of everything Brazil sold to the country in the window — a concentration that ties the basket to Chinese raw-material demand more than to domestic factors.
Motor cars lead at US$ 5.64 billion, ahead of integrated circuits (US$ 1.31 billion), line telephony equipment (US$ 1.27 billion) and vehicle parts (US$ 1.23 billion). The import basket is far more distributed than the export side: no single item reaches 13% of the US$ 44.96 billion total.
1,126 SH4 chapters show movement in the window — the highest count among all of Brazil's partners. Despite the concentration in a handful of high-value commodities, the relationship spans nearly the entire nomenclature, from hundred-million-dollar lines down to marginal shipments.
The US$ 24.36 billion in soybeans shipped over seven months equals more than a third of all Brazilian exports to the country. It is the only line whose movement alone shifts the bilateral balance — a harvest shortfall or a price swing in soybeans shows up in the total before any other chapter does.
