Vietnam-Turkey trade up 38.2%
(VOV) - Vietnam Customs statistics show that two-way trade between Vietnam and Turkey hit US$442.4 million in the first four months of this year, an increase of 32.9% compared with the previous year.
Of the total, Vietnam’s exports shot up 38.2% to US$407.7 million, while its imports rose by 20.5% to US$34.5 million.
Telephone handsets and components topped the list of export commodities to Turkey, grossing US$190.6 million in value, up 159.3%.
Other products with high growth included garments and textile, computers, electronics and components, machinery, equipment and tools, rubber, footwear, and wood and timber products.
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Recently, telephone handsets and components surpassed textile to rank first on the list of exported products, helping drive up export growth and bilateral trade value.
In the reviewed period, Vietnam predominantly imported industrial materials for production from Turkey, of which cotton fetched the highest value of US$9 million, up 84.4%.
Other imported products experiencing high growth were machinery, equipment and tools, pharmaceuticals, ore and other minerals, chemical products and plastic products.