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The US-China trade war increases Brazil's export potential for these two countries by US $ 7.4 billion (R $ 28.5 billion) a year, according to a survey CNI (National Confederation of
) The United States has announced surcharges of 25% on 818 Chinese products valued at 34 billion US dollars, which will come into effect on July 6.
A Another 284 products valued at $ 16 billion will be subject to public consultation on July 24 and may be subject to future tariffs.
States accuse China of robbery (19659005) China has announced 25% of its 545 sales of US products, totaling $ 34 billion (131 billion reais), which will also take effect on July 6.
Beijing badesses a second round of overhead costs Brazil, like all other pay s, tends to lose with the trade war because of the "But the survey shows that there are spaces that Brazil can occupy, it's time for Brazilian companies to relocate, because the US and China will look for other suppliers. "
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Some of the US products that are to be taxed in China are already exported by Brazil, such as pork, soy and fish, and there can be a significant significant increase
Brazilian products paid an additional 12% to enter the country and today they pay 7%
About 35% of Brazilian fish exports, fish, crustaceans and molluscs, are destined for China. "With Americans who will pay 25% of the price, we will gain in competitiveness and we will migrate to the Chinese market, which will pay better," says Eduardo Lobo, president of
He expects a 12% increase in exports, amounting to US $ 240 million (R $ 925.2 million), due to the reorientation of sales and the improvement of prices.
Brazil plans to double its exports to China from 48 900 tonnes in 2017 to 100 000 tonnes this year.
According to the CNI study, Brazil could increase up to $ 6.4 billion ($ 24.7 billion reais) its sales to China, starting to export products that are not in the market. it sells to other countries, but not yet for the Chinese market, or sell very little.
This is the case of some chemicals, cereals, fruits and vehicles. "Obviously, we are not the only ones trying to conquer this market, and the new tariffs will not make all US exports to China impossible, and vice versa."
Some obstacles may prevent Brazil from taking advantage of these opportunities, such as the cost of transportation to China, competition from other countries benefiting from tariff preferences and, in the case of agricultural products, Brazil exports 40,000 tons of orange juice per year to China
But the country does not export certain types of juice because the customs rules greatly increase the cost – and this is not the case. would change;
In the US market, the main gain is an increase in the competitiveness of industrial products
Brazil exports US $ 3, (R $ 15 billion) of products competing with China in the United States, such as auto parts, some types of machinery, chemicals and plastics and rubber.
In addition, there is about $ 1 billion ($ 3.86 billion) of products that Brazil already exports to the world, but not to the United States, or only in very small quantities, and that could be sold on the US market.
Only certain types of vehicles and tractors, machinery
For the study, the CNI investigated all products that will be taxed in China and the United States, determined which of they are exported by Brazil to the world, but not to Brazil. for those countries, and those already exported, and may have an increase.
CNI convert the US and Chinese tariff codes to the six-digit harmonized code, which implies a loss of specificity.
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