Viet Nam-Brazil Bilateral Trade Analysis 2023
Complete trade statistics: $6.88B total volume •Viet Nam deficit: $569.50M
Viet Nam → Brazil
$3.15B
Exports (2023)
Brazil → Viet Nam
$3.72B
Imports (2023)
Trade Balance
$569.50M
Deficit for Viet Nam
Total Trade
$6.88B
Combined Volume
Trade Flow Visualization
Direct trade relationship between Viet Nam and Brazil. Green line shows exports from Viet Nam, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Viet Nam-Brazil commercial relationship and competitive positioning in global markets.
Viet Nam → Brazil Exports
Export Market Intelligence
🎯 Strategic Export Focus
Viet Nam's export portfolio to Brazil demonstrates strategic specialization, with telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts representing a key competitive advantage in this bilateral market.
Brazil → Viet Nam Imports
Import Dependency Profile
📦 Import Strategy Analysis
Viet Nam's import pattern from Brazil reveals strategic sourcingin cereals: maize (corn), other than seed, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Viet Nam demonstrates competitive strength in exportingtelephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts to Brazil, 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: Viet Nam-Brazil Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $6.88 billionrepresenting a significant bilateral economic relationship
- Trade Balance: Viet Nam maintains a deficit of $569.50 million
- Export Focus: Viet Nam's primary exports 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
- Import Dependencies: Key imports from Brazil 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
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 Viet Nam leveraging its comparative advantages in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts.
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
Viet Nam's specialization in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: partscomplements Brazil's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: maize (corn), other than seed.
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 telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts and cereals: maize (corn), other than seed demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Viet Nam's trade deficit of $569.50 million impacts 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 Viet Nam and Brazil represents a total trade volume of $6.88 billion in 2023. This partnership demonstrates an unfavorable trade balance for Viet Nam, with imports exceeding exportsby $569.50 million.
Export Strengths
Viet Nam's exports to Brazil total $3.15 billion, with competitive advantages in telephone sets and other apparatus for the transmission or reception of voice, images or other data, via a wired or wireless network: parts, representing $718.34M or22.8% of bilateral exports.
Import Dependencies
Imports from Brazil amount to $3.72 billion, highlighting economic interdependence in cereals: maize (corn), other than seed, with Cereals: maize (corn), other than seed comprising30.5% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Viet Nam's strategic sourcing from Brazil. 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 Viet Nam and Brazil in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023