Brazil has received approval from Vietnam for the export of salted bovine hides, essential for the leather industry. This enhances trade ties as Vietnam is Brazil’s fifth-largest agribusiness export market, importing over USD 3.51 billion in agricultural products in 2024. Brazil has opened 303 new markets under President Lula, reinforcing global trade efforts by the Ministry of Agriculture and the Ministry of Foreign Affairs.
The Brazilian government has announced that Vietnam has granted approval for the International Sanitary Certificate, facilitating the export of salted bovine hides from Brazil. These hides are crucial for Vietnam’s leather industry, which significantly contributes to the production of footwear, furniture, and accessories, thereby meeting the increasing demand for quality materials essential to the country’s economy and export capabilities.
This milestone enhances Brazil’s trade relations with Vietnam, now recognized as its fifth-largest agribusiness export market as of 2024. From January to November 2024, Brazil exported over USD 3.51 billion worth of agricultural products to Vietnam. Under President Lula’s administration, Brazil has opened 303 new markets across 62 countries since 2023, demonstrating its robust trade expansion efforts.
The success is attributed to the joint efforts of the Ministry of Agriculture and Livestock alongside the Ministry of Foreign Affairs, reinforcing Brazil’s commitment to enhancing its global trading presence. This development will not only bolster trade between the two nations but also significantly benefit Vietnamese industries reliant on quality agricultural imports.
The article highlights a recent development in international trade where Brazil has gained valuable access to a new market for its agricultural products, specifically salted bovine hides, which are significant for Vietnam’s leather sector. The approval of the International Sanitary Certificate indicates the strengthening of trade relations between Brazil and Vietnam. Such developments reflect broader trends in global agricultural exports and Brazil’s efforts to expand its market reach under the current administration. Additionally, the context of rising demand for high-quality materials in Vietnam’s strategic industries emphasizes the importance of this trade decision, offering insights into the ongoing economic collaborations within the global agricultural framework.
In summary, Brazil’s new access to the Vietnamese market for salted bovine hides marks a significant step in enhancing trade relations between the two nations. This initiative not only meets the increasing demand in Vietnam’s leather industry but also showcases Brazil’s ongoing commitment to expanding its global trade footprint. The collaboration among government ministries underlines the strategic direction of Brazilian agribusiness in recent years.
Original Source: www.gov.br
