2022
Flag  
GDP
$409BCURRENT US$
Rnk 35 / 186
2012-2022
Flag
GDP GROWTH
109%CURRENT US$
Rnk 12 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC 
$4,164CURRENT US$
Rnk 120 / 186
2012-2022
Flag
GDP PC GROWTH
90.1%CURRENT US$
Rnk 11 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Vietnam-Brazil Trade: In 2022, Vietnam exported $2.63B to Brazil. The main products that Vietnam exported to Brazil were Telephones ($631M), Integrated Circuits ($443M), and Rubber Tires ($193M). Over the past 5 years the exports of Vietnam to Brazil have increased at an annualized rate of 1.76%, from $2.41B in 2017 to $2.63B in 2022.

In 2022, Vietnam did not export any services to Brazil.

Brazil-Vietnam Trade: In 2022, Brazil exported $3.97B to Vietnam. The main products that Brazil exported to Vietnam were Soybean Meal ($809M), Soybeans ($606M), and Raw Cotton ($549M). Over the past 5 years the exports of Brazil to Vietnam have increased at an annualized rate of 15.7%,  from $1.91B in 2017 to $3.97B in 2022.

In 2022, Brazil did not export any services to Vietnam.

Comparison: In 2022,  Vietnam ranked 55 in the Economic Complexity Index (ECI 0.2), and 19 in total exports ($399B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $2.63B to Brazil. The main products exported from Vietnam to Brazil were Telephones ($631M), Integrated Circuits ($443M), and Rubber Tires ($193M). During the last 5 years the exports of Vietnam to Brazil have increased at an annualized rate of 1.76%, from $2.41B in 2017 to $2.63B in 2022.

In 2017, Brazil exported $3.97B to Vietnam. The main products exported from Brazil to Vietnam were Soybean Meal ($809M), Soybeans ($606M), and Raw Cotton ($549M). During the last 5 years the exports of Brazil to Vietnam have increased at an annualized rate of 15.7%, from $1.91B in 2022 to $3.97B in 2017.

Exports from Vietnam (Flag) to Brazil (Flag) (2022)

Exports from Brazil (Flag) to Vietnam (Flag) (2022)

Latest Data

Trade between Vietnam (Flag) and Brazil (Flag)

Brazil Exports

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Brazil
Top Destination
China$90.1B

This map shows whether countries import more from Vietnam or Brazil. Each country is colored based on the difference in imports they receive from Vietnam and Brazil or the difference in the growth in imports.

In 2022, countries that imported more from Vietnam than Brazil included United States ($117B), South Korea ($25.2B), and Japan ($25B).

In 2022, countries that imported more from Brazil than Vietnam included China ($90.1B), Argentina ($15.4B), and Chile ($9.17B).

Difference in imports from Brazil (Flag) and Vietnam (Flag) (2022)

Comparative Advantage Vietnam - Brazil

Flow
Scale

This chart compares trade between Vietnam and Brazil by product, considering products traded by both, Vietnam and Brazil.

During 2022, Vietnam had a large net trade with Brazil in the exports of Machines ($1.6B), Plastics and Rubbers ($299M), and Footwear and Headwear ($182M).

During 2017, Brazil had a large net trade with Vietnam in the exports of Vegetable Products ($1.31B), Foodstuffs ($1.01B), and Textiles ($555M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Vietnam Brazil+$265MTelephones
Top Product Potential Brazil Vietnam+$56.4MSoybeans

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Vietnam and Brazil. This means that a dot/product with the flag of Vietnam indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Vietnam.

Product Space of Vietnam (Flag) and Brazil (Flag) (2022)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with