Sun. Jun 16th, 2024

Two-way trade between Vietnam and Brazil maintained fair growth in 2012
with a turnover of nearly 1.64 billion USD, an increase of 13.8 percent
from 2011, according to statistics released by Brazil ’s Ministry of
Development, Industry and Foreign Trade on February 21.

In 2012, Vietnam earned 817.2 million USD from exports to Brazil , up
26.3 percent from 2011, and imported 822.6 million USD worth of
commodities from the country, a year-on-year increase of 3.6 percent.

Vietnam exports footwear, fish fillets, printers, chipsets and rubber
to the Latin America ’s largest economy while importing soybean
products, cotton, tobacco, corn and timber.

The trade
recorded the positive development despite 5.26 percent and 1.37 percent
decreases in Brazil’s 2012 total export and import values (242.58
billion and 223.15 billion USD), respectively, due to impact of the
global financial crisis.

It has seen constant growth
since 2000, in particular the first-ever turnover of more than 1
billion USD in 2011, statistics showed.-VNA

By vivian