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China dominates car market in Brazil: association refutes myths about vehicle 'dumping' in the country

Written by Carla Teles de Lima
Published 22/01/2025 às 21:40
China dominates car market in Brazil: association refutes myths about vehicle 'dumping' in the country
China is exporting more and more cars to Brazil, especially electric models. By importing these vehicles, Brazil gains more options in the market, but faces challenges in balancing the local industry.

With China leading 73,3% of imported sales in 2024, the association says that importing cars boosts the local industry, while national manufacturers ask for tax increases to curb the advance of Chinese electric vehicles.

Have you ever heard that China is “dumping” cars in Brazil? Well, the Brazilian Association of Automotive Vehicle Importers and Manufacturers (Abeifa) has come to demystify this idea. According to the entity, the imported vehicle market is not a threat, but rather a bridge to strengthen the automotive industry in Brazil.

The panorama of car imports in Brazil

According to Abeifa, importing vehicles is the first step for major foreign brands to consider setting up factories here. It is like opening the door to a special visitor: they get to know the terrain, make connections and eventually decide to stay.

China has been shining as a protagonist in the Brazilian automotive sector, especially with the rise of BYD. The Chinese brand has already captured 73,3% of imported sales in 2024, making it clear that consumers Brazilians are watching in the innovations that come from the other side of the world.

The significant growth in sales of imported goods from China

BYD is a Chinese brand that is leading sales of imported cars in Brazil. In 2024, it dominated the market with 73,3% of sales, thanks to its modern and technological electric models.
BYD is a Chinese brand that is leading sales of imported cars in Brazil. In 2024, it dominated the market with 73,3% of sales, thanks to its modern and technological electric models.

With China’s BYD leading the way in sales, 2024 was a boom year for imported vehicles. The 141% growth in the segment proves that there is room for foreign brands, especially when it comes to electric and hybrid cars.

Even with the possibility of an increase in import taxes, the expectation is that sales of imported vehicles will grow 24% in 2025. It seems that the market is far from slowing down.

The other side of the coin: concerns of the national industry

According to Bloomberg Línea, on the local industry side, the National Association of Automobile Manufacturers (Anfavea) is concerned. They see Chinese cars, especially electric ones, as a threat to market balance.

Anfavea suggests that Brazil bring forward the increase in import tax to 35% on electrified vehicles. This would be a way to balance the game and prevent the country from becoming the preferred destination for cars from markets with higher barriers.

What does this mean for the Brazilian consumer?

For those thinking about buying a new car, the increased supply of imported vehicles means more options. But with higher taxes, will prices remain competitive?

On the other hand, brands like BYD are bringing innovations that get consumers excited. Electric cars, modern design and advanced technologies are attractions that are hard to ignore.

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John Roberto Campos Goncalves
John Roberto Campos Goncalves
23/01/2025 08:39

Chinese factories are a plague on the world.
They are like locusts that prey on everything until there is nothing left.
Brazil keeps shouting to the four corners of the world that the Ching Lings are its biggest trading partners, but they only buy ore and soybeans.
I do not buy products from Chinese brands, do not confuse them with products made in China.

Kwong
Kwong
23/01/2025 08:41

Most of the population has not yet woken up to new technologies, but the
Brazil still does not have sufficient structure
For now, Chinese hybrids make the cars we know look like carts. Please don't compare them to million-dollar cars.

Mercosur
Mercosur
23/01/2025 09:50

The FIPE table is absurd, used cars that are 30 years old are sold for more than they initially cost when new! Just one example, the 30-year-old Fiorino costs 30.000.00. The formula is wrong because we can't care even if it's 10 years old! And why is there market manipulation to force us to buy new?

Carla Teles de Lima

I talk about technology, innovation and the oil and gas sector, bringing up-to-date and relevant content about the Brazilian market. Every day, I share information about job opportunities and the main news in the sector. Do you have a suggestion for a topic? Just send it to my email: carlatdl016@gmail.com.

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