Brazil, fishermen in the US trade war … Rapid growth of steel exports

Brazil's trade surplus with the United States and China becomes "fish"

Brazil's steel export to the United States has increased since the beginning of the Trade War

Brazil's steel exports to the United States amounted to $ 549 million last month, when the US government began imposing high duties on Chinese steel.

Compared with $ 211 million last year,

Brazil accounted for 16.1% of Canadian steel imports in the last year, followed by Brazil (16%). , 1%), Brazil 13%, Korea 10.2%, Mexico 9%, Russia 8.7%, Turkey 6.3%, Japan 5%, Germany 3.8%, Taiwan 3.5%, India 2 , 4%, China 2.2% and other 19.8%. The National Federation of Industry (CNI), the largest economic organization of Brazil,

The federation badyzed the impact of the US-China trade war and found that exports to both countries amounted to about 7.4 billion dollars a year (about 8.33 billion won)

The federation expects that if the United States and China fight back against each other Other, Brazilian products will benefit from a bailout, with export growth of 1 billion US dollars and 6.4 billion US dollars

The items exported to the United States are machinery, automobiles and their parts, chemicals, fertilizers, etc.

Exports to China include fruits, grains, cars, fish, etc.

Brazil's main export destinations from January to May were China ($ 24.1 billion), the United States ($ 10.4 billion), Argentina (7 , $ 3 billion) and the Netherlands ($ 5.3 billion). (If ($ (".Sil_article iframe"));