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Vietnam’s exports to Brazil grow 9 percent in October, boosted by tech and rubber products

Vietnam’s exports to Brazil reached US$233.25 million in October, marking a 9.07 percent increase from September, according to recent trade data. This growth highlights Brazil’s importance as a key market for Vietnamese goods, according to Vietnam’s General Department of Customs.

Telephones, mobile phones, and their parts were the top export, valued at US$54.53 million for October, contributing significantly to the year-to-date total of US$539.27 million. Computers, electrical products, and spare parts also performed strongly, growing by 50.98 percent month-on-month (MoM) to US$36.40 million.

Rubber exports saw remarkable growth, rising 56.71 percent MoM to US$2.57 million. Rubber products also increased 43.64 percent to US$2.78 million. These gains underline growing demand for Vietnamese rubber in Brazil.

Meanwhile, footwear exports reached US$18.46 million, up 35.07 percent MoM, contributing to a year-to-date total of US$149.52 million. Textiles and garments also rose by 16.67 percent MoM, indicating sustained interest in Vietnam’s apparel sector.

However, some categories faced declines. Exports of textile, leather, and footwear materials dropped by 37.60 percent, while shipments of iron and steel fell 34.65 percent to US$14.96 million.

Cumulatively, Vietnam’s exports to Brazil have totalled US$2.23 billion year-to-date, driven by consistent demand for tech products, machinery, and rubber. The trade partnership continues to strengthen, positioning Brazil as one of Vietnam’s significant export markets in South America.

See also: Vietnam Trade: Everything You Need to Know

Vietnam’s exports to Brazil, October vs. September 2024

Vietnam’s exports to BrazilOctoberSeptemberMoMYTD
Total233,247,455213,845,4189.07%2,225,886,013
Other334,433135,063147.61%2,706,084
Computers, electrical products, spare-parts and36,395,34324,106,76950.98%288,718,934
Fishery products15,304,82412,019,82427.33%103,641,703
Footwear18,457,78513,665,46235.07%149,519,870
Furnitures of other materials, other than of wood42,469-100.00%394,901
Handbags, purses, suit-cases, headgear and3,600,1062,804,03328.39%27,725,052
Iron and steel14,960,70322,892,374-34.65%195,777,835
Iron and steel products697,242493,37141.32%13,693,670
Machine, equipment, tools and instruments19,151,38020,291,667-5.62%194,596,526
Other base metals and other base metal products3,208,7952,162,51248.38%23,252,722
Other means of transportation, parts and25,980,95827,218,033-4.55%300,141,986
Other products21,103,13618,358,28314.95%214,858,775
Rubber2,570,9071,640,58156.71%21,169,252
Rubber products2,780,9431,935,99543.64%23,970,596
Telephones, mobile phones and parts thereof54,525,72553,390,0872.13%539,271,490
Textile, leather and foot-wear materials and145,323232,883-37.60%2,129,261
Textiles and garments6,306,2585,405,41716.67%55,797,297
Toys and sports requisites; parts and accessories thereof1,749,3841,313,92633.14%15,803,606
Tyre cord fabrics and other fabrics for technical866,715576,87250.24%7,794,044
Yarn5,107,4955,159,797-1.01%44,922,409
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