Sep 15, 2025
First shipment of 27 tons marks a new trade chapter
Vietnam has commenced importing Brazilian beef, receiving its first shipment of 27 tons. This development follows the official opening of the Vietnamese market to Brazilian beef, announced in March 2023 by Brazil's President Luiz Inácio Lula da Silva. The move is seen as a significant milestone in the trade relations between the two nations.
Market Opening
The decision to open Vietnam's market to Brazilian beef was announced after President Lula's meetings with Vietnamese leaders, including Prime Minister Pham Minh Chính. This agreement is expected to pave the way for increased Brazilian investment in Vietnam's meat processing sector, potentially transforming the country into a hub for meat exports throughout Southeast Asia.
Economic Implications
In 2024, Vietnam imported agricultural products from Brazil worth approximately $3.9 billion (EUR 3.3 billion), highlighting the growing economic ties between the two countries. The introduction of Brazilian beef into the Vietnamese market is anticipated to further enhance these ties. With Vietnam's population of 101 million, the country represents a substantial market for Brazilian agribusiness, which is already a major global player in meat production.
Industry Impact
Brazil's Minister of Agriculture and Livestock, Carlos Fávaro, emphasized the positive impact of this development on Brazil's agricultural sector, noting that each new market opening brings additional income and job opportunities. Luís Rua, Secretary of Trade and International Relations, highlighted the collaborative efforts between the government and private sector in achieving this market access. This shipment adds to over 430 market openings secured by Brazil's current administration, bolstering the country's presence in Asia and diversifying its export destinations.
Future Prospects
The arrival of the Brazilian beef shipment in Vietnam was marked by a ceremony attended by Juliano Vieira, Brazil's agricultural attaché. His role, along with other agricultural attachés, has been crucial in expanding Brazil's agricultural footprint globally. With record levels of livestock production in 2024, Brazil is poised to further strengthen its position as a leading protein supplier worldwide. The ongoing trade relationship between Vietnam and Brazil is expected to grow, with more shipments anticipated in the coming months, enhancing technical and health cooperation between the two nations.