Gold jewellery exports glitter in 2014
(VOV) -Vietnam’s gem, gold and jewellery exports rebounded in 2014 jumping 16.2% on-year to US$673.07million, the Vietnam Industry and Trade Information Center (VITIC) recently revealed.
Exports were helped by a relaxation of import policy and recovering demand from major consuming countries, particularly the US, the VITIC said.
The US remained Vietnam’s largest importer, accounting for 56% of market share at US$379.93 million, trailed by Belgium (US$59.57 million) and Switzerland (US$55.52 million).
Vietnam’s gem, gold and jewellery exports to other countries saw high growth as well including the UAE (up 11.43%), Australia (up 7.7%), Republic of Korea (up 39.09%), Germany (up 8.63%), Thailand (up 29.37%) and Spain (up 12.8%).