Ukraine and Brazil concluded a Record on current and future bilateral relations in the sphere of trade and economics, financing, support of entrepreneurship, peaceful outer space and cooperation in the sphere of agriculture and energy, transportation, telecommunication etc, as a result of the III general meeting of the inter-Government Ukraine-Brazilian commission on trade-economic cooperation.

According to the State Statistics Committee of Ukraine, in 2007 trading turnover between Ukraine and Brazil amounted to USD 797.7 million. While the Ukrainian export totaled USD 366.795 million (growth by 265% to 2006) and import – USD 430.889 million (growth by154%), according to the official data of the Ministry of industrial development and foreign policy of Brazil, during 2007 Brazilian products, sold in Ukraine, totaled USD 273.5 million and Ukrainian import – USD 378 million.

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