Vietnam-India trade valued at US$4.75 billion

(VOV) -Vietnam earned US$2.19 billion from its exports to India, bringing bilateral trade turnover to US$4.75 billion in the past 11 months, up 33.12% from the previous year, according to statistics released by the Vietnam General Department of Customs (VGDC).

Vietnam imported Indian goods worth US$2.56 billion, or a year-on-year increase of 31.81%, resulting in an import surplus of more than US$371 million with India, up 14.59% against 2012’s figure.

Vietnam’s key exports to the Indian market include telephones and components (US$870.74 million), machinery and equipment (US$220 million), computers and electronics (US$216.48 million), rubber (US$197.48 million), and coffee (US$56.76 million).

India’s exports to the Vietnamese market mostly consisted of animal feeds and materials (US$305.26 million), corn (US$300.46 million), steel products (US$290.58 million), pharmaceutical products (US$226.36 million), and machinery and spare parts (US$177.16 million).