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Brazil concerned with the concentration of its foreign trade: few products and volumes mostly to China

In the last ten years, up until 2021, Brazilian export to China grew at a greater rate that those to rest of the world. From 2012 to 2021, China’s importance as an export destination for the five regions in which Brazil is divided grew exponentially, and of the 27 federal states, 21 saw their sales to China grow above the expansion of their sales to the world. In the period, however, the export basket was negatively concentrated around a few primary products.

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