Eight-month exports to Australia record surge

VOV.VN - Vietnam's exports to the Australian market during the past eight months of the year increased by 18.7% to reach over US$2.77 billion compared to the same period from last year, according to statistics released by the General Department of Vietnam Customs.

August alone saw exports to this market endure a slight decline of 4.5% to US$349.3 million compared to July.

Most notably, phones and components recorded the highest export growth, with turnover reaching US$435.4 million, thereby accounting for 15.6% of the total export turnover to the demanding market, whilst representing an annual fall of 8.8%.

Furthermore, the group of computers, electronic products and components ranked second in turnover with over US$319 million, marking a year-on-year rise of 9.5%, followed by footwear with US$228.4 million, and garments and textiles with US$227.5 million.

Moreover, gems and precious metal exports expanded by 95.8%, whilst electric wires and cables rose by 98%, cameras, camcorders and components saw a boost of 148.9%, and clinker and cement went up by 87.9%.

In contrast, exports of a number of commodity groups to Australia, such as cashew nuts, coffee, and raw materials for textiles, along with leather and footwear, experienced a downward trajectory throughout the reviewed period.

Elsewhere, farm produce exports to Australia during the first half of the year enjoyed strong growth.

Related

Ambassador underscores importance of water sector in Vietnam-Australia trade ties
Ambassador underscores importance of water sector in Vietnam-Australia trade ties

VOV.VN - Water is a fundamental area in expanding bilateral trade and investment relations between Vietnam and Australia, Australian Ambassador to Vietnam Robyn Mudie said at an online forum within the Vietnam - Australia Water Week 2021 which is underway from September 15-17.

Ambassador underscores importance of water sector in Vietnam-Australia trade ties

Ambassador underscores importance of water sector in Vietnam-Australia trade ties

VOV.VN - Water is a fundamental area in expanding bilateral trade and investment relations between Vietnam and Australia, Australian Ambassador to Vietnam Robyn Mudie said at an online forum within the Vietnam - Australia Water Week 2021 which is underway from September 15-17.

Vietnam, Australia cooperate in organic food trade
Vietnam, Australia cooperate in organic food trade

Canberra-based Mekong Organics held a ceremony on September 15 to launch the “Promoting organic food certification & trade between Australia and Vietnam” project which is supported by the Australian Government.

Vietnam, Australia cooperate in organic food trade

Vietnam, Australia cooperate in organic food trade

Canberra-based Mekong Organics held a ceremony on September 15 to launch the “Promoting organic food certification & trade between Australia and Vietnam” project which is supported by the Australian Government.