Vietnam, Brazil hit record in two-way trade

Two-way trade between Vietnam and Brazil in the past ten months has exceeded last year’s figure, hitting over 2.55 billion USD, a year on year increase of 35.8 percent.
Two-way trade between Vietnam and Brazil in the past ten months has exceeded last year’s figure, hitting over 2.55 billion USD, a year on year increase of 35.8 percent.

According to Brazil’s Ministry of Development, Industry and Foreign Trade, in the reviewed period, Vietnam exported goods worth 1.28 billion USD to Brazil and imported 1.26 billion USD, up 33.5 percent and 38.2 percent, respectively.

Vietnam mostly shipped electronic products, mobile phones and spare parts, footwear, frozen fish fillets and synthetic fibers to Brazil. Meanwhile, the country imported maize, soy bean and by-products, cotton, and footwear and tobacco materials.

Brazil is Vietnam’s largest trade partner in Latin America. In 2013, the two nations’ trade turnover reached 2.33 billion USD.-VNA

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