Brazil, China’s new maritime trade route to cut shipping costs

Brazil and China have established a new maritime trade route connecting the Port of Santana in Amapa, Northern Brazil, to the Port of Zhuhai in China’s Greater Bay Area. The route is expected to significantly reduce both shipping costs and transit times for Brazilian exports, particularly from the Amazon and Central-West regions. According to Brazil’s Minister of Regional Integration and Development, Mr Waldez Goes, this strategic initiative opens a new window of opportunity for trade through the country’s northern corridor. He emphasised the route’s importance for the export of bio-based products such as soy, fish, timber, cocoa, and other Amazonian goods.  Mr Goes also highlighted the broader strategic implications, noting that the route could enhance Brazil’s logistics network and offer greater profitability for producers in the Amazon and Central-West. He also underscored the growing trade ties between Brazil and China, particularly in areas related to the Amazon bio-economy, as per a report.

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