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Trade between Brazil and Vietnam

In 2024, Brazil exported $4 billion to Vietnam and imported $3.9 billion. Brazil ran a surplus of $175 million with Vietnam, compared with a deficit of $340 million in 2019. Vietnam was Brazil’s 17th largest trading partner (1% of its trade), and Brazil was Vietnam’s 19th (0.9%).

Summary

Brazil → Vietnam
$4billion
Vietnam → Brazil
$3.9billion
Brazil’s balance
$175million

Balance

Brazil’s trade balance with Vietnam

Trade between Brazil and Vietnam grew 368.4-fold since 1995

USD billions (current). Brazil’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 4
  • Imports 3.9
  • Balance +0.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$8 million$14 million-$6 million
1996$11 million$42 million-$31 million
1997$14 million$34 million-$20 million
1998$20 million$28 million-$8 million
1999$13 million$26 million-$13 million
2000$13 million$25 million-$12 million
2001$15 million$24 million-$9 million
2002$36 million$20 million$15 million
2003$38 million$27 million$12 million
2004$54 million$44 million$10 million
2005$85 million$60 million$25 million
2006$159 million$96 million$63 million
2007$251 million$135 million$116 million
2008$391 million$254 million$136 million
2009$415 million$251 million$164 million
2010$531 million$533 million-$3 million
2011$884 million$754 million$131 million
2012$902 million$898 million$3 million
2013$1.2 billion$1.2 billion$42 million
2014$1.7 billion$1.6 billion$123 million
2015$2.3 billion$1.7 billion$544 million
2016$1.6 billion$1.7 billion-$83 million
2017$1.9 billion$2.4 billion-$455 million
2018$2.1 billion$2.4 billion-$304 million
2019$2.3 billion$2.6 billion-$340 million
2020$2.8 billion$2.1 billion$731 million
2021$3.8 billion$3 billion$821 million
2022$4.2 billion$3 billion$1.2 billion
2023$4.1 billion$3.2 billion$880 million
2024$4 billion$3.9 billion$175 million

What they sell each other

What Brazil sells to Vietnam

The top 10 headings in 2024, with their share of the total.

  1. Raw cotton$1 billion · 25%
    540 thousand tonnes · Brazil’s destinations
  2. Corn$936 million · 23.1%
    4.6 million tonnes · Brazil’s destinations
  3. Soybeans$472 million · 11.7%
    1 million tonnes · Brazil’s destinations
  4. Soybean meal and pellets$334 million · 8.3%
    800 thousand tonnes · Brazil’s destinations
  5. Wheat$287 million · 7.1%
    1.3 million tonnes
  6. Raw tobacco$134 million · 3.3%
    17 thousand tonnes · Brazil’s destinations
  7. Tanned cattle hides$133 million · 3.3%
    65 thousand tonnes
  8. Coffee$128 million · 3.2%
    35 thousand tonnes · Brazil’s destinations
  9. Pork$124 million · 3.1%
    52 thousand tonnes · Brazil’s destinations
  10. Sawn wood$54 million · 1.3%
    133 thousand tonnes

What Vietnam sells to Brazil

The top 10 headings in 2024, with their share of the total.

  1. Microchips$758 million · 19.6%
    169 tonnes · Vietnam’s destinations
  2. Phones and telecom equipment$742 million · 19.2%
    2 thousand tonnes
  3. New tires$331 million · 8.5%
    114 thousand tonnes · Vietnam’s destinations
  4. 5 thousand tonnes
  5. Fish fillets$145 million · 3.8%
    51 thousand tonnes
  6. Textile footwear$116 million · 3%
    3 thousand tonnes
  7. 1 thousand tonnes
  8. Semi-finished steel$94 million · 2.4%
    161 thousand tonnes
  9. Computers$73 million · 1.9%
    199 tonnes · Vietnam’s destinations
  10. Leather footwear$67 million · 1.7%
    3 thousand tonnes

How it travels

Estimated sea route from Santos to Phu My.

The estimated sea route between Santos and Phu My is 9,893 nautical miles (18,322 km) long: ≈ 23–29.5 days at sea (at 18 and 14 knots).

Passages it crosses: Cape of Good Hope; and Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$5.6 billion · 71.2%
  2. Air$2.3 billion · 28.8%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Vietnam was Brazil’s 17th largest trading partner (1% of its trade), and Brazil was Vietnam’s 19th (0.9%).

Vietnam in Brazil’s trade
1.3%
Vietnam’s rank among Brazil’s partners
17th
Brazil in Vietnam’s trade
0.9%
Brazil’s rank among Vietnam’s partners
19th

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.