Vietnam's exports to Brazil up 33.3 pct

Vietnam’s first-half exports to Brazil pick up 33.3 percent

Vietnam’s exports to Brazil in the first half of 2014 surged by 33.3 percent to hit 732.6 million USD.
Vietnam’s exports to Brazil in the first half of 2014 surged by 33.3percent year on year to hit 732.6 million USD, according to preliminarystatistics from the Latin American country’s Ministry of Development,Industry and Foreign Trade.

Over the period, Vietnam imported 542.5 million USD worth of commodities from Brazil, up 2.2 percent from a year earlier.

Two-waytrade climbed 18 percent annually to approximate 1.3 billion USDdespite an overall 3.6 percent fall in Brazil’s foreign trade.

Vietnamexports mainly telephone accessories, footwear, frozen fish fillet,synthetic fiber, and integrated circuit to the Latin American country,while importing maize, soybean, soybean by-products, tobacco andfootwear materials, and cotton.

In 2013, bilateral trade jumpedby 42.3 percent from the previous year to reach a record high of 2.33billion USD, helping Brazil maintain its position as Vietnam’s largestLatin American trade partner.-VNA

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