Brazil-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $6.88B total volume •Brazil surplus: $569.50M
Brazil → Viet Nam
$3.72B
Exports (2023)
Viet Nam → Brazil
$3.15B
Imports (2023)
Trade Balance
$569.50M
Surplus for Brazil
Total Trade
$6.88B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Brazil and Viet Nam. Green line shows exports from Brazil, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Brazil-Viet Nam commercial relationship and competitive positioning in global markets.
Brazil → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Brazil's export portfolio to Viet Nam demonstrates strategic specialization, with cereals: maize (corn), other than seed representing a key competitive advantage in this bilateral market.
Viet Nam → Brazil Imports
Import Dependency Profile
📦 Import Strategy Analysis
Brazil's import pattern from Viet Nam reveals strategic sourcingin telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Brazil demonstrates competitive strength in exportingcereals: maize (corn), other than seed to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $6.88B trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Brazil-Viet Nam Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.88 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Brazil maintains a surplus of $569.50 million
- Export Focus: Brazil's primary exports include cereals: maize (corn), other than seed, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil, soya beans: other than seed, whether or not broken
- Import Dependencies: Key imports from Viet Nam include telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits, rubber: new pneumatic tyres, of a kind used on buses or lorries
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $6.88B represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Brazil leveraging its comparative advantages in cereals: maize (corn), other than seed.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Brazil's specialization in cereals: maize (corn), other than seedcomplements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $6.88B bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $6.88B bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $6.88 billion bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in cereals: maize (corn), other than seed and telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Brazil's trade surplus of $569.50 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Brazil and Viet Nam represents a total trade volume of $6.88 billion in 2023. This partnership demonstrates a favorable trade balance for Brazil, with exports exceeding importsby $569.50 million.
Export Strengths
Brazil's exports to Viet Nam total $3.72 billion, with competitive advantages in cereals: maize (corn), other than seed, representing $1.13B or30.5% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $3.15 billion, highlighting economic interdependence in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, with Telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts comprising22.8% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Brazil's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Brazil and Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023