Brazil's foreign trade performance in the first 11 months of this year was outstandingSurplusAn all-time high. According to Brazilian statistics, the value of Brazil's merchandise exports in the first 11 months was 3,107$8.3 billion, up 1% year-on-yearImported goodsThe amount is 2322300 million US dollars, down 137%。This huge import** is Brazil's foreign tradeSurplusprovides strong support to makeSurplusThe amount grew sharply to 785 in the first 11 months of the year$5.3 billion, and it is expected to break the magnificent record of $80 billion for the whole year. And China becomes Brazil's foreign tradeSurplusThe main contributors, nearly sixty percentSurplusfrom China.
Brazil's exports to China amounted to 953US$800 million, up 147%。This shows that China is one of Brazil's largest export channels and is of great importance to Brazil's merchandise exports. The core components of Brazil's exports include mineral products, plant products, food and beverages, animal products, and base metals. The export of these goods is for Brazil's foreign tradeSurplusIt has played an important role in promoting.
There is a strong complementarity between Brazil and China. China is Brazil's largest soybean import channel, and it is also BrazilOil, meat andIron oreand other important import markets. For China, Brazil is able to provide all kinds of mechanical and electrical products, chemical products, transportation equipment and instrumentation. These complementary industrial structures and patterns have reduced the competition and resistance of the Brazilian market to Chinese goods to a certain extent.
In addition, the way Chinese companies are going global is changing, not only exporting goods, but also starting to export technology, standards, capital and services. Chinese companies are looking for a broader perspective to drive development through a global perspectiveInternationalCapacity cooperation, the pursuit of mutual benefit, maximize the use of global resources. This strategic background has brought new opportunities and impetus to the sustainable development of China and Pakistan bilaterally.
Unlike other countries, which are concerned about large deficits, China is not concerned about its own current deficits in transactions with major partners. China only cares about whether the product meets the requirements and whether it is suitable. As long as the conditions are met, China is willing to buy. China is also willing to offer its products to buyers, as long as they approve and pay for them. On the basis of friendly consultations, China can also provide technical and capital support to carry out mergers and acquisitions, joint ventures, and equity participation, so as to promote the upgrading of bilateral economic and trade relations.
The strategic partnership between China and Brazil has been strengthened day by day, with frequent high-level exchanges, enhanced strategic communication and policy coordination, and expanding space for cooperation. Brazil, despite its distance from China, was the first to enter into a strategic partnership with ChinaDeveloping countriesIt was also the first to be established with ChinaComprehensive Strategic PartnershipofLatin American countries。In the course of development cooperation towards modernization, China and Pakistan have set an example of bilateral friendly exchanges that treat each other as equals, achieve mutual benefit and win-win results, and achieve common development.
Brazil's foreign tradeSurplusIt has continued to rise this year, with China being its biggest contributor. The relationship between Brazil and China is highly complementary and offers great opportunities and potential for both sides. Unlike other countries, China has a calmer attitude towards the deficit and pays more attention to mutually beneficial cooperation between the two sides. The positive development trend of China-Pakistan relations has provided a broad space for cooperation between the two countries. The cooperation between these two countries is important for the advancement of the region and the worldEconomyare of great significance.