VGP - The two-way trade turnover between Việt Nam and Brazil in the first 8 months of this year posted a year-on-year surge of 65.9% to US $576.6 million, according to the Vietnamese trade counselor in Brazil.
Vietnamese cement and steel exported to Brazil suddenly surge in both volume and value in early 3rd quarter of 2010 - Illustration photo
According to official statistics from the Brazilian Ministry of Industrial Development and Foreign Trade, in the first 8 months, Việt Nam exported US $296.1 million worth of goods to Brazil, up 160%, and imported US $280.5 million worth of products, up 18.8%.
In late second quarter and early third quarter of this year, when facing difficulties caused by Brazil’s regulations on seafood and footwear import, Vietnamese enterprises increased the export of cement, construction steel, pottery and electronic products to the South American country.
In early Q3, the Vietnamese exporters earned US $36.1 million from steel and US $7.1 million from cement to Brazil.
By Ngọc Vân