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Brazil Secures New Agricultural Export Opportunity in Vietnam

Brazil has secured Vietnam’s approval for exporting salted bovine hides, enhancing trade ties and supporting Vietnam’s leather industry. This development marks a significant increase in Brazil’s agricultural exports, with over USD 3.51 billion in products sent to Vietnam in 2024, further illustrating Brazil’s commitment to expanding its global trade presence under President Lula’s administration.

The Brazilian government has recently celebrated Vietnam’s authorization of the International Sanitary Certificate, which facilitates the export of salted bovine hides from Brazil. This vital material supports Vietnam’s leather industry, crucial for manufacturing footwear, furniture, and accessories. The approval aligns with the increasing demand for premium raw materials in key sectors that significantly impact Vietnam’s economy and export activities.

This development fortifies Brazil’s trade relations with Vietnam, which ranked as its fifth-largest agribusiness export market in 2024. From January to November 2024, Brazilian agricultural exports to Vietnam exceeded USD 3.51 billion. President Lula’s administration, beginning in 2023, has been proactive in opening 303 new agricultural markets across 62 countries.

The achievements are indicative of the cooperative efforts between Brazil’s Ministry of Agriculture and Livestock and the Ministry of Foreign Affairs. These efforts highlight Brazil’s strategic commitment to enhancing its international trade footprint. The decision addresses the country’s goals for expanding agricultural exports and reinforcing its role in global markets.

The approval of the International Sanitary Certificate by Vietnam is a significant advancement for Brazilian agricultural exports, especially the salted bovine hides, which are integral for the leather industry. The leather sector is essential for various consumer goods, contributing to both the domestic Vietnamese economy and export potential. The resurgence of trade relations under President Lula’s leadership illustrates a broader strategy aimed at optimizing Brazil’s agricultural sector and expanding global market access.

Brazil’s recent trade accomplishment with Vietnam marks a pivotal moment for the country’s agricultural export strategy, particularly for salted bovine hides critical to the leather industry. The growing trade between the two nations underscores a strengthening partnership and highlights Brazil’s ongoing efforts to broaden its agricultural market access globally. Continued focus on international relations and market development is likely to yield further opportunities for Brazilian agribusiness.

Original Source: www.gov.br

Lila Khan

Lila Khan is an acclaimed journalist with over a decade of experience covering social issues and international relations. Born and raised in Toronto, Ontario, she has a Master's degree in Global Affairs from the University of Toronto. Lila has worked for prominent publications, and her investigative pieces have earned her multiple awards. Her insightful analysis and compelling storytelling make her a respected voice in contemporary journalism.

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