Exports to Indonesia enjoy high growth

(VOV) -Vietnamese exports to Indonesia in the first two months of 2014 reported 16% growth in sales volume compared to the same period last year to US$386.85 million according to official statistics.

During the two-month period, Vietnamese key export items to Indonesia included telephones and spare parts, steel products, transport vehicles, rice, and garments and textiles.

Telephone exports experienced astonishing growth, nearly doubling in the reviewed period to US$119.9 million, accounting for over 30% of Vietnam’s total export value.

Petrol took the lead in export growth (up 1,193.2% from a year earlier) although its value was still modest (around US$4.3 million).

With a large population and stable economic growth, Indonesia is an appealing market for Vietnamese exporters, particularly those actively involved in exporting fresh fruits, fruit juices, vegetables, fast foods, snacks, seafood, chicken products, or spices.