Of this figure, Vietnam’s exports to Brazil reached US$909.8 million, up 31.6% compared to the same period last year, while its imports from the South American country stayed at US$1.095 million, up 42.9%.
Among Vietnam’s export commodities to Brazil which saw high growth rate included fibres (up 104%), telephone and components (up 132%), bags, suitcases, hats, and umbrellas (up 36.4%), garment and textile (up 36.3%), vehicles (up 29.6%), and aqua products (up 20.9%).
Meanwhile, equipment and spare parts, computer and other electronic products also experienced a sharp decrease compared to a year earlier.
Brazil is a big importer of Vietnam’s raw materials, with key import items comprising corn seeds, animal feed, wood and wooden products, textile materials, leather and footwear.
Two-way trade turnover between the two countries is expected to exceed US$3 billion in 2014.