A Study on Economy and Trade Competition between China and Brazil

Abstract

As two of the major emerging economies, the impact of the development of bilateral trade between China and Brazil on the world market can not be ignored. This paper has analyzed the competitiveness and complementarity of bilateral trade between China and Brazil through the caculation of serveral indices such as the similarity of the exports, integration degree of bilateral trade, intra-industry trade index and revealed comparative advantage index, based on the description of the current development of bilateral trade between China and Brazil. The results have showed there are significant differences of trade structure between China and Brazil, and a strong complementarity of bilateral trade structure. While further expanding trade scale, China and Brazil should improve investment and trade cooperation on the junction of supply and demand in the field of agriculture, resources, infrastructure and other fields.

This paper is the research findings of 2011 project of Zhejiang International Economic and Trade Academy “The Analysis on Current Trade Situation of China and Latin America and the Inspiration of Zhejiang Enterprises” and the key project of Zhejiang Ministry of Education “The Analysis on Economic and Trade Cooperative Strategy of Zhejiang and Latin America”.