Confectionery, cereal exports expand to new markets
(VOV) -Confectionery and cereal exports jumped to US$290 million in the eight months leading up to September, significantly higher than last year’s corresponding period, according to the General Department of Vietnam Customs.
It reports the increase comes on the back of expanding new foreign export markets, most notably South Africa, India, Myanmar, Laos and Indonesia.
During the eight month period, Vietnamese exports to traditional markets of the US, Cambodia, China, Japan, Republic of Korea, Thailand and France also remained strong.
Cambodia was the largest export market, accounting for 13% of total market share, followed by China and the US. The Netherlands saw the highest growth rate as exports to this market grew 76% to US$6.9 million.