December 23, 2024 | 14:13 GMT +7
December 23, 2024 | 14:13 GMT +7
Hotline: 0913.378.918
At the Consulting session on exporting to Brazil held by the Trade Promotion Agency (Ministry of Industry and Trade) on May 6, Mr. Ngo Xuan Ty, Head of Vietnam Trade Office in Brazil, stated that the export of many products from Vietnam increased sharply in the first 3 months of this year, in which agro-products such as seafood products reached $32.16 million, up 73%; rubber reached $6.85 million, up 66.81%; rattan, bamboo, sedge and carpet products reached $609.79 thousand, up 25.6% …
According to Ms. Nguyen Thi Thu Thuy, Deputy Director of the Export Promotion Center (Trade Promotion Agency), Brazil is the largest consumer market in South America with a population of up to 200 million people. On average, each year, Brazil imports more than $236 billion of goods; of which 30% of the imported goods come from Asia.
Currently, Brazil is Vietnam's largest trading partner in South America, while Vietnam is also Brazil's largest trading partner in Southeast Asia. However, the trade relationship between the two countries is still modest, Vietnam's export to this market only accounts for 1.4% of Brazil's import demand.
It is forecasted that in the coming time, the export of consumer goods to Brazil will increase when the quarantine measures, social distancing are completely removed and the vaccination campaign is carried out nationwide at a rapid rate with a high rate of vaccine coverage. Vietnam's products with export advantage can promote the development of the Brazilian market when consumer demand is very high while Brazil is not a difficult market.
Translated by Hoang Duy
(VAN) The total oilseed crop including sunflower, rapeseed and soybeans is estimated at 1.6 million tonnes, down from 2 million tonnes a year ago.
(VAN) The USMCA dispute panel ruled in favor of the United States on Friday, stating Mexico violated the trade agreement with its decree to ban GMO corn.
(VAN) According to information from the Plant Protection Department (Ministry of Agriculture and Rural Development), Vietnam and the United States are negotiating plant quarantine measures for fresh passion fruit.
(VAN) Vietnam's livestock industry is still grappling with the challenge of limited export potential, in addition to its accomplishments.
(VAN) In its first forecast for the 2025 EU-27+UK grain crop, COCERAL foresees a 7% increase in production over the previous year.
(VAN) For the first time, the Philippines has become the leading destination for Brazilian pork exports surpassing China, the main destination since 2018. Before that, Russia lead this ranking for over a decade.
(VAN) In 11 months, fruit and vegetable exports to China reached more than USD 4.3 billion (VND 108,000 billion), up 28% over the same period in 2023, the highest ever.