Exports to Belgium sharply increase
Vietnam earned US$1.06 billion from commodity exports to Belgium in the first seven months of 2014, representing a year-on-year surge of 42.87%, according to data from the Ministry of Industry and Trade.
Among export items, footwear fetched US$385.28 million, up 32.37% from the same period last year, and coffee brought home US$155.91 million, up 141.8%.
Iron and steel products earned a modest US$30.55 million but enjoyed the strongest export growth of 338.55%.
Vietnam is also shipping more and more goods to the EU market via Belgium’s seaports and airports.
By the end of 2013, Belgium was Vietnam’s seventh largest trade partner in the EU and the 35th biggest investors in the country.