
Leading exports to China include: iron ore, soybeans, and crude oil. The iron ore export represents 43% of Brazil's total exports to China.
Some problems are evident between this trade relationship; a large portion of Brazil's imports from China are manufactured products, set at low costs, which affect Brazil's domestic manufacturing industries (that are now struggling to keep up with this competition).
A few tariffs on synthetic fibres imports from China have been put in place by the government and President Dilma Rousseff.
No comments:
Post a Comment