In October, Vietnam imported US$442.24 million worth of goods from Brazil, up from US$415.10 million in September, a change of 6.54 percent, according to preliminary data from Vietnam’s General Department of Customs.
So far this year, Vietnam has imported US$4,189 million worth of goods from Brazil.
Vietnam imported US$189.18 million worth of corn from Brazil in October. This was up from US$143.39 million in September, a change of 31.94 percent.
Vietnam also imported US$52.94 million worth of ores and other minerals product from Brazil in October. This was down from US$76.83 million in September, a change of -31.09 percent.
Furthermore, Vietnam imported US$42.81 million worth of soy beans from Brazil in October. This was up from US$34.78 million in September, a change of 23.10 percent.
Vietnam imported US$33.43 million worth of cotton from Brazil in October. This was up from US$14.35 million in September, a change of 133 percent.
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Vietnam imports from Brazil in October US$millions
| October | September | MoM | YTD | |
| Total | 442.24 | 415.10 | 6.54% | 4,188.70 |
| Maize (corn) | 189.18 | 143.39 | 31.94% | 699.65 |
| Other products | 69.35 | 56.60 | 22.53% | 552.03 |
| Ores and other minerals product | 52.94 | 76.83 | -31.09% | 687.67 |
| Soy beans | 42.81 | 34.78 | 23.10% | 561.28 |
| Cotton | 33.43 | 14.35 | 133.00% | 667.48 |
| Tobacco materials | 19.46 | 23.34 | -16.59% | 104.49 |
| Animal fodders and animal fodder materials | 10.21 | 38.69 | -73.60% | 424.76 |
| Textile, leather and footwear materials and auxiliaries | 9.59 | 7.90 | 21.29% | 96.94 |
| Machine, equipment, tools and instruments | 5.88 | 9.11 | -35.46% | 29.00 |
| Wood and wooden products | 4.10 | 3.29 | 24.78% | 43.92 |
| Plastics | 3.90 | 3.59 | 8.59% | 47.83 |
| Fruits and vegetables | 0.70 | 2.55 | -72.56% | 9.43 |
| Other edible food preparations | 0.28 | 0.42 | -32.05% | 2.82 |
| Chemicals | 0.20 | 0.09 | 123.21% | 5.08 |
| Ferrous waste and scrap | 0.16 | 0.00 | 0.00% | 0.16 |
| Parts and accessories of motor vehicles | 0.04 | 0.00 | 0.00% | 1.13 |
| Iron and steel | 0.00 | 0.19 | -100.00% | 0.36 |
| Other base metals | 0.00 | 0.00 | 0.00% | 0.27 |
| Wheat | 0.00 | 0.00 | 0.00% | 254.41 |
Vietnam trade with Brazil
In October, Vietnam imported goods worth US$442.24 million from Brazil and exported US$227.34 million, bringing total trade to US$669.58 million and resulting in a trade deficit of US$214.89 million.
Two-way trade so far this year between Vietnam and Brazil has reached US$6,416.27 million, with Vietnam importing US$4,188.70 million worth of goods and exporting US$2,227.57 million.
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Vietnam trade with Brazil year to date US$millions
| October | September | MoM | YTD | |
| Imports | 442.24 | 415.10 | 6.54% | 4,188.70 |
| Exports | 227.34 | 222.38 | 2.23% | 2,227.57 |
| Total | 669.58 | 637.48 | 5.04% | 6,416.27 |
| Balance | -214.89 | -192.72 | 11.51% | -1,961.14 |
Vietnam-Brazil trade relations
Vietnam and Brazil established diplomatic relations in 1989 and have since expanded economic cooperation across agriculture, manufacturing and energy.
Brazil is Vietnam’s largest trading partner in South America, while Vietnam is Brazil’s biggest partner in ASEAN.
Bilateral trade has grown steadily, driven by Vietnamese imports of corn, soybeans, cotton and meat, and Brazilian purchases of electronics, textiles, footwear and machinery.