Forecast: Textiles Exports to Brazil by Vietnam

The textiles export from Vietnam to Brazil stood at 53.320 million US dollars in 2023. From 2024, the value of exports is forecasted to gradually increase from 55.774 million US dollars to 60.936 million US dollars by 2028. This indicates a year-on-year growth of approximately 2.38% between 2024 and 2025, 2.29% between 2025 and 2026, 2.19% between 2026 and 2027, and 2.10% between 2027 and 2028. The compound annual growth rate (CAGR) over the five-year period is forecasted to be about 2.69%.

Future trends to watch for:

• Impact of Brazilian economic policies on imports
• Global shifts in textile demand and supply chains
• Influence of trade agreements between Vietnam and Brazil

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