Based on the theoretical framework Product Space proposed by Hausmann et al, we can find the respective revealed comparative advantage behind the rapid development of trade between China and Brazil and draw the product space diagram. It shows products traded between China and Brazil have poor centrality and low Proximity. Therefore, we can predict a good development of trade between China and Brazil in the future, but the trade friction can be hardly avoided. The two sides should work together to improve the trade structure. The intensity of Chinese "Going out" strategy should also be promoted to Brazil.