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Vietnam-Brazil trade revenue surpasses 3 billion USD

Bilateral trade revenue between Brazil and Vietnam reached 3.17 billion USD in 2014, representing an annual increase of 36 percent and exceeding the 3 billion USD mark for the first time.
Bilateral trade revenue between Brazil and Vietnam reached 3.17 billionUSD in 2014, representing an annual increase of 36 percent and exceedingthe 3 billion USD mark for the first time.

Last year, Vietnamexported 1.58 billion USD worth of commodities to Brazil whilesimultaneously importing goods valued at 1.59 billion USD from itsbiggest South American partner, according to a statement from theBrazilian Ministry of Development, Industry and Foreign Trade on January14.

Vietnam mainly sold electronic products, footwear, frozenfish fillets, and man-made fibre to Brazil and purchased agriculturalproducts, raw materials and spices.

Brazil’s total revenue from foreign transactions declined in 2014, down 5.7 percent from 2013 to 454.2 billion USD.-VNA

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