Vietnam’s exports to Germany up 8.6% in five months
Vietnam’s exports to Germany hit US$2.85 billion in the first five months of this year, up 8.6% compared to the same period last year.
Mobile phones and computer components, apparel, footwear, coffee, farm produce and aquatic products made up the majority of the country’s exports.
Of the items, six earned more than US$100 million, including mobile phones and components (US$851.44 million), accounting for 29.8% of the total, a 16.2% increase year on year.
Tea posted the highest growth of 132.3% to US$970,000 while confectioneries and cereals soared 122.6% to US$10.99 million.
Others include chemicals with 72.5% growth (US$4.15 million), iron and steel up 52.4% (US$2.74 million), cashew nuts up 49.2% (US$42.06 million) and fruits and vegetables rising 31% (US$6.17 million).