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Latin America

China confirms its position as the main trade partner of Brazil | SOURCE: Mercopress

China’s participation in Brazil’s overall trade (exports plus imports) is close to 65%, making her the main partner of the South American giant. However, SECEX, Brazil’s foreign trade secretariat, points out the ongoing concern that the share of manufactured goods sent to China is minimum and exports rely heavily on concentrated basic commodities with virtually no added value such as grains, oilseeds, iron ore and different meats.

SOURCE: Mercopress


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