Brazil’s Trade with China Proves More Profitable Than With the EU or U.S.

In June 2024, Brazil posted a trade deficit of $878 million with the United States, in sharp contrast to the same month’s substantial trade surplus of $3.9 billion with China. This underscores a major divergence in Brazil’s international trade relationships. Historically, Brazil has recorded strong trade surpluses overall. However, recent data highlights the evolving dynamics […]