Chinese investment in Brazil grows 113%

by Andrea
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Companies invested US $ 4.18 billion in 2024, shows a study by the Brazil-China Business Center; Value has been the largest since 2021

Chinese companies invested US $ 4.18 billion in Brazil in 2024-113% over a total of 2023. It was the highest value since US $ 5.9 billion. Read the full (PDF – 2.5 MB).

There was acceleration of the flow of Chinese investments in Brazil. In 2023, the rise had been 33% over a total of 2022. Read the report (PDF – 2 MB).

CEBC’s research director said investments in 2021 were especially high because of oil exploration projects. The values ​​also increased a lot that year because there was a resumption of activities with the reduction of pandemic intensity.

Cariello stated that investments are favored by the fact that the president of the president (PT) with China than (PL).

But the expert evaluates that the 2021 numbers show that this proximity is just one of the factors: “Foreign policy counts, but it is not the most important. Investors seek opportunity and security, which Brazil offers”.

CEBC monitors and constantly records the investments that the media and companies announce. Czech what is actually done. It considers the fact that the company is headquartered in China, not the country from which it sends the money to Brazil.

The value of the CEBC is much higher than the US $ 306 million of Chinese investments in 2024 by (Central Bank).

The CEBC series, with the current methodology, begins in 2010. There were Chinese investments of US $ 13 billion. The peaks in some years are due to contributions in major projects. There is no update of the numbers for dollar inflation. This means that older values ​​are even higher in terms of what they seem.

Fall in the USA

Chinese investments in the US in 2024 were US $ 2.23 billion in 2024 – 11% in 2023. For Latin America without Brazil, the flow was 8.4% lower in the period. Chinese global investments grew 11% by 2024 compared to 2023.

The United Kingdom was the country that had the largest volume of Chinese investments in 2024, with US $ 4.6 billion according to (China Global Investment Tracker). Brazil had US $ 3.21 billion. The value is lower than CEBC because it includes investments only over $ 100 million. Brazil is in 6th place compared to other countries listed by CGIT.

The electricity sector invested US $ 1.43 billion in 2024. The 115% increase was above average. It also has the largest slice of 34% of the total.

Many of these investments were made in wind and solar energy by Chinese companies that have been installed in Brazil for a long time“Said Cariello.

Vehicle factories were in 3rd place in 2024 with investments of US $ 575 million. The rise was 1% compared to 2023.

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