Iron and steel exports to Belgium enjoy robust growth

VOV.VN - With Belgium becoming one of the leading Vietnamese export markets in Europe, iron and steel exports to this market witnessed vigorous growth during the initial 10 months of the year, according to the General Department of Vietnam Customs.

October alone saw Vietnamese export turnover to Belgium stand at nearly US$309 million, bringing its 10-month export value to this market to US$2.874 billion, or a year on year rise of 53.4%.

Four groups of commodities, namely seafood, textiles, footwear, and iron & steel, raked in over US$100 million each from exports.

Most notably, Vietnam exported 716,733 tonnes of iron and steel worth US$848.9 million to Belgium during the 10-month period, representing a 10-fold increase in terms of volume and 16-fold rise in turnover compared to the same period last year.

Meanwhile, Vietnam spent US$476.55 million importing goods from Belgium throughout the reviewed period, a year on year increase of roughly 18.8%. Pharmaceutical imports alone were valued at US$195 million, marking an increase of 60%.

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Vietnam's iron and steel exports to EU soar

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