Three markets with highest export growth in 9 months

VOV.VN - India, China and the Republic of Korea (RoK) were the three export markets of Vietnam posting the highest export growth of more than 20% during the first nine months of this year, according to the latest statistics from the General Department of Vietnam Customs.

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Vietnam’s exports to the RoK increased by 26.1% to US$13.45 billion while exports to China surged 29.9% to US$28.81 billion respectfully. Exports to India obtained an impressive growth of 88.6% to US$5.18 billion.

The Vietnam Customs reported that the country’s exports hit US$179.47 billion in nine months, a year-on-year rise of an incredible 15.8%. Seven groups of products achieved high export growth, including telephones and components; garments; computers, electronics and components; machines, equipment and tools; steel; cameras and components and footwear.

In the opposite direction, the country’s imports grew 11.6% to US$173.14 billion with 30 groups of key products having an import value of more than US$1 billion each. 45 out of 58 key markets with import values of more than US$100 million in nine months had positive growth.

China remained the largest supplier of goods to Vietnam with a value of US$47.26 billion in the period, up 12.9% against the same period last year. Major products that Vietnam imported were machines, equipment, and tools (up 5.7%), telephones and components (up 7.5%) and computers, electronics and components (up 7.8%).

VOV

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