Exports to RoK surge 21%
(VOV) - Vietnam’s exports to the Republic of Korea reached a staggering US$5.49 billion in the first 10 months of 2013, showing an increase of 21% year on year.
In October alone exports to the market hit more than US$725.4 million, up 20% compared to the previous month.
Among major export items in the reviewed period, garments took the lead, raking in more than US$1.3 billion, up 49.2%.
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Garment exports are expected to keep growing in the remaining months of the year, making the RoK one of Vietnam’s key garment consumers after the US, EU and Japan.
Crude oil and means of transports placed second and third in terms of export value.
Other products also experiencing high export growth included footwear, wood and timber products, computers, electronics and components, and mobile handsets.