Vietnam-Brazil trade up 16%
The Latin American country’s export to Vietnam was estimated at US$665 million, down 13% against the same period last year.
Meanwhile, Vietnam shipped goods worth US$1.065 billion to Brazil, an increase of 46%.
The export of Vietnam’s staples to Brazil in the first five months of this year increased strongly again, especially synthetic fabric (over 300%), rubber and products from rubber (73%), telephones and electronic equipment (over 57%) and aquatic products (43%).
The Vietnam Commercial Affairs Office suggested Vietnamese exporters coordinate closely with Brazilian importers in handling complaints of relevant trade associations in Brazil, aiming to avoid lawsuits related to trade protection.
Experts said Brazil is one of the most important markets of Vietnam in Latin America. However, trade between the two nations declined in recent time due to the ongoing unstable politics in the Latin American nation.
Related News
Customs collects nearly VND35,000 billion within one month
15:42 | 08/05/2024 Customs
Enhance the core values of the national brand
15:36 | 02/05/2024 Import-Export
Latest News
An Giang Province to turn textile-garment, footwear into key export items
14:48 | 09/05/2024 Import-Export
“Hopeful stars" for businesses on the new journey
09:51 | 09/05/2024 Import-Export
Vietnam remains attractive destinations for Japanese IT firms
15:42 | 08/05/2024 Import-Export
Pepper exports decrease in volume, increase in value
15:38 | 08/05/2024 Import-Export
More News
Open credit flow to support import and export
09:30 | 08/05/2024 Import-Export
Import turnover increases by US$13.5 billion
09:30 | 08/05/2024 Import-Export
Green production, trade will help wood industry increase export: Viforest
14:30 | 07/05/2024 Import-Export
Hanoi attracts over 1.1 billion USD in FDI in four months
14:28 | 07/05/2024 Import-Export
FDI flows strongly into manufacturing, real estate
14:26 | 07/05/2024 Import-Export
Maintaining recovery momentum amid uncertainties
09:09 | 07/05/2024 Import-Export
Make use of the most of favorable factors for economic growth
15:38 | 06/05/2024 Import-Export
Textile and garment businesses face difficulties due to lack of domestic supply
15:36 | 06/05/2024 Import-Export
Vietnam leads in export rice prices globally
15:34 | 06/05/2024 Import-Export
Your care
An Giang Province to turn textile-garment, footwear into key export items
14:48 | 09/05/2024 Import-Export
“Hopeful stars" for businesses on the new journey
09:51 | 09/05/2024 Import-Export
Vietnam remains attractive destinations for Japanese IT firms
15:42 | 08/05/2024 Import-Export
Pepper exports decrease in volume, increase in value
15:38 | 08/05/2024 Import-Export
Open credit flow to support import and export
09:30 | 08/05/2024 Import-Export