Forecast: Metal Ores Exports to China by Brazil

Brazil's metal ores exports to China have exhibited significant fluctuations from 2013 to 2023. Initially, there was a notable decline from 2013 to 2015, which then modestly rebounded through 2023. In 2023, the export value stood at $11.306 billion. The year-on-year variation over the last two years was 0.44% in 2022 and 0.43% in 2023, with the last five-year CAGR showing a slight decline of -0.41%.

Forecasted data indicate steady but marginal increases, with a forecasted five-year CAGR of 0.35% from 2024 to 2028. By 2028, the value is expected to achieve a growth rate of 1.75%.

Future trends to watch for include:

  • Global economic recovery post-pandemic and geopolitical factors influencing demand
  • China's industrial policies and environmental regulations impacting import demand
  • Technological advancements in mining and metal processing in Brazil

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