[P]New China Sourcing Fairs in Brazil in the Context of China-Brazil Trade[/P][P]New [url=http://www.china-sourcing.org/]China Sourcing[/url] Fairs in Brazil in the Context of China-Brazil Trade[/P][P] [/P][P]A new channel for Brazilian sourcing from China will be opened next year [url=http://www.china-sourcing.org/]when Hong Kong-based Global Sources will extend their China Sourcing Fairs to Brazil[/url]. Global Sources will team up with Milton Exhibits to stage four simultaneous events on August 14-16, 2012, at the Imigrantes Exhibition Center, Sao Paulo. The four shows will be for Electronics, Gifts & Premiums, Garments & Textiles and Hardware & Building Materials.[/P][P] [/P][P]China-Brazil Trade[/P][P]Prior to 2001, the year of China’s accession to the WTO, the annual value of goods exchanged between China and Brazil never exceeded USD 3 billion. Yet after this date, bilateral trade increased substantially every year, rising from USD 3.2 billion in 2001 to a full USD 56.4 billion at the end of 2010. In 2009, despite a drop in overall traded value, China surpassed the United States to become Brazil’s top trade partner. China’s leading position continued in 2010, when it accounted for 14.7% of Brazil’s total traded value for the year. Items exchanged in the two-way trade between China and Brazil are now primarily along the lines of Chinese manufactured goods for Brazilian natural resources.[/P][P] [/P][P]China s Leading Exports to Brazil[/P][P]Electronics is an obvious choice for one of the four shows, as it was the most sought after Chinese products by Brazilian consumers in 2010, comprising 31% of all Chinese exports to Brazil. This category included around USD 1.3 billion in telecommunications equipment, nearly 616,000 laptops and USD 291 million worth of static converters. Machinery, at 22% of the China-to-Brazil export total, was the number two category by value, supported by USD 281 million worth of air conditioning machinery imported by Brazil in 2010. Other top items in China-to-Brazil exports include organic chemicals (comprising 5% of China’s exports to Brazil), products of iron and steel, vehicles such as tractors and bicycles, and technical equipment. [url=http://www.china-sourcing.org/]http://www.china-sourcing.org/[/url]
[/P] |