Argentina – Vietnam’s important trade partner in Latin America

VOV.VN - Vietnam considers Argentina one of its most important trade partners in Latin America with two-way trade turnover increasing year by year from US$2.3 billion in 2015 to US$2.9 billion in 2016 and reaching around US$3.5 billion in 2017.

argentina – vietnam’s important trade partner in latin america hinh 0
The country is currently Argentina’s sixth biggest trade partner. Its exports to the Latin American nation hit US$31.4 million in July, bringing the total export value in seven months to US$275.7 million, up 49.43% against the same period last year.

Footwear topped key export products to Argentina with US$61.9 million, up 49.43% over the same period last year. Garment and footwear materials came second with US$28.1 million, down 7.43%.

Vietnam also exported garments and rubber to the country. Particularly, the export of ceramic products increased 2.03 times to US$947,100 in 7 months.

Meanwhile Argentina was the second largest supplier of agricultural and pharmaceutical products to the Southeast Asian nation mostly soya beans, cooking oil, corn, and wheat.

VOV

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