The Trans-Pacific Partnership and the Future of Bilateral Trade between Brazil and China
In recent years, bilateral trade between Brazil and China has played a vital role in the primarization of Brazilian exports. Certain primary commodities make up the bulk of Brazil’s sales to China. The strength of these exports to China reflects the dynamism of certain products in which Brazil is globally competitive. In other words, this is not an active strategy for diversifying and creating new markets. Brazilian exports are benefiting from growth in Chinese imports of basic commodities. To what extent might the Trans-Pacific Partnership (tpp) affect trade dynamics between these two countries? Will the agreement jeopardize the China/Brazil multi-sector trade model? China exports more manufactured products and mostly imports raw materials.