VN-Brazil trade turnover sets new record

14:34 | 18/11/2014

VGP – As of late October, two-way trade  between Viet Nam and Brazil touched over US$ 2.557 billion, representing a year-on-year growth of 35.8%.

Illustration photo

According to the Brazilian Ministry of Development, Industry and Foreign Trade, in the first ten months of 2014, Viet Nam shipped US$ 1,288 billion of goods to Brazil and imported US$ 1,269 billion, up 33.5% and 38.2%, respectively.

Viet Nam chiefly shipped telephones, spare parts, footwear, fish fillet, fiber, and electronic products to Brazil.

Meanwhile, the Southeast Asian country imported coin, soybeans, cotton, raw materials of leather shoe and cigarettes from the Latin American country.

Since 2002, Brazil always ran a trade surplus with Viet Nam except for 2010.

Last year, the two-way trade turnover valued over US$ 2.33 billion, marking the first-time effort of exceeding the US$ 2 billion mark./.

By Kim Anh