Viet Nam-Brazil trade expands
Viet Nam-Brazil trade expands
Two-way trade between Viet Nam and Brazil in the past ten months has exceeded last year's figure, hitting over US$2.55 billion, a year on year increase of 35.8 per cent.
According to Brazil's Ministry of Development, Industry and Foreign Trade, in the reviewed period, Viet Nam exported goods worth $1.28 billion to Brazil and imported $1.26 billion, up 33.5 per cent and 38.2 per cent, respectively.
Viet Nam 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 Viet Nam's largest trade partner in Latin America. In 2013, the two nations' trade turnover reached $2.33 billion.
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