Brazil's share of consumer imports reached a 22-year high, while the influence of Chinese products continues to expand.

On December 18th local time, the Brazilian National Confederation of Industry released a survey showing that the proportion of imported products in Brazil's consumer purchases had risen to 26.7% in 2024, reaching a new high since the organization began tracking data 22 years ago. The data shows that from 2003 to 2024, the share of imported goods in Brazilian consumption increased from 13.4% to 26.7%. The report also pointed out that consumer purchases of Chinese products have been a key driver of import growth. Currently, Chinese products make up 9.2% of the Brazilian consumer market, more than double what it was ten years ago. The report states that in recent years, the influence of Chinese products in the Brazilian market has continued to expand, covering areas from high value-added products such as hybrid and electric cars to clothing and daily necessities purchased through international e-commerce platforms. In terms of specific categories, in addition to textiles, the share of Chinese-made machinery, equipment, and computer products in the Brazilian market has also been steadily increasing.