RIO DE JANEIRO, BRAZIL - Brazil became the fourth largest oil supplier to China in 2020, behind only Saudi Arabia, Russia, and Iraq. The country's shipments surpassed the volumes sold by Angola and represented 7.5% of the oil imported by the Chinese.
The data are from the World Trade Organization (WTO) in a report that serves as the basis for the Chinese trade policy review, which takes place this Wednesday (20) and Friday (22). The data does not mention oil sales from Venezuela to the Chinese market.
China has increased its purchases in Brazil in general. Brazil's share . . .
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