Exports to Israel skyrocket during two-month period
VOV.VN - Israel currently represents the nation’s third largest export market in the Middle East, behind only the United Arab Emirates (UAE) and Turkey, according to figures compiled during the opening two months of the year by the Vietnamese trade office in Israel.
During the two-month period, the country’s exports to Israel reached approximately US$200 million, while imports from the Israeli market stood at an estimated US$110 million.
Most notably, major Vietnamese export items to the Middle Eastern nation throughout the reviewed period recorded a sharp increase with footwear, cashew nuts, phones and accessories, textiles and garments enjoying increases of 134.50%, 78.9%, 62.2%, and 33.1%, respectively.
This comes after Israeli import and export activities witnessed slight growth in the post-novel coronavirus (COVID-19) period after moving to reopen their economy, although they still face various difficulties moving forward.
At present, numerous Israeli businesses remain keen on importing consumer goods, food, rice, dry foods, agro-aquatic products, dried fruits and vegetables, soft drinks, household utensils, along with medical items, from Vietnam.
Furthermore, Israel considers the nation to represent one of their major supply sources, especially in terms of essential consumer goods, in Asia that are capable of meeting domestic consumption needs.
