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Vietnam Today

10M trade turnover with Asia at $176 billion

Released at: 15:10, 21/11/2015

10M trade turnover with Asia at $176 billion

Asia accounts for two-thirds of Vietnam's total trade in first 10 months.

by Tien Minh

According to figures from Vietnam Customs, trade turnover between Vietnam and all continents recorded growth in the first ten months of the year, except for Australia, which fell by 16.8 per cent and ended October with accumulated trade turnover of just $4.89 billion.

Compared to the same period of 2014, trade with North America increased the highest, by 19.9 per cent, reaching $45.7 billion.

Trade with Africa saw the lowest result, of $4.48 billion, but was second-highest in terms of growth, at 13.9 per cent.

European trade followed in both regards, with turnover of $38.75 billion, for an 11.4 per cent increase.

Trade with Asia experienced quite low growth, of 10.1 per cent, but recorded the highest value, at $176.27 billion, which accounted for the highest proportion of Vietnam’s total trade turnover, at 64.7 per cent.

  • TAGS
  • trade
  • turnover
  • Vietnam Custom
  • $176 billion

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