ReeHart – Blogging from the Heart

Brasilia, April 23 Xinhua reports: According to the Brazilian Ministry of Trade and Industry today broadcast the development of the Sino-Pakistani trade statistics first quarter of this year, Brazilian trade items to China increased 62.7 per hundred, from last year’s first quarter to 2.1 billion U.S. dollars 3.4 billion U.S. dollars. As a outcome of the first quarter of Brazil’s total trade items fallen by 19.4 per hundred, trade items to China, Brazil, the share of trade items increased from 5.4% to 10.9%. China has become Brazil’s second biggest swapping colleague after the United States.

The first quarter of last year, China’s fourth biggest swapping colleague of Brazil. Brazil’s trades from China in 2008 from the first quarter dropped to 4.1 billion U.S. dollars in the first quarter of this year, 3.6 billion U.S. dollars, dropped by 12.8%. Brazil’s foreign trade as a outcome of the first quarter of the total trades turned down by 21.6% year-on-year, trades of Chinese goods in Brazil, the percentage of the total expanded from 11.5% to 12.8%. China is Brazil’s second-largest supplier.

From 2001 to 2006 in the Sino-Pakistani trade, Pakistan has been a surplus. From 2007 onwards, the situation changed, and the Palestinian side there’s a deficit of 1.87 billion U.S. dollars, a deficit in 2008 rose to 3.636 billion U.S. dollars, an increase of 94%. First quarter of this year, Brazil’s trade with China as a result of the magnitude of export growth, Brazil, and China’s trade deficit from 2.1 billion U.S. dollars last year fell to 221 million U.S. dollars.

Bilateral trade in China and Brazil, the Brazilian trade overseas to China are chiefly soybean, steel ore and petroleum products. These yield Brazil trade overseas to China accounted for 73% of the total. Brazil imported from China yield, 96.5 out of 100 of highly-developed fabricated wares, main yield accounted for only 3.5%.

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