Import-export turnover to Europe fetches US$28.5 billion

Source: Pano feed

(VOV) – Vietnam’s import-export turnover to Europe reached US$28.5 billion in the first nine months of this year, according to the Ministry of Industry and Trade (MoIT).



Of the figure, Vietnam’s exports to the region earned US$20 billion and its imports were estimated at US$8.5 billion.


The European market also has the fastest export growth among Vietnam’s export markets with a 26 percent growth rate on last year’s same period.


Vietnam’s trade turnover with Europe is predicted to achieve about US$40 billion (US$28.6 billion from exports and US$11.5 billion from imports) by the end of this year, respsenting an annual increase of 21%.


The country’s major European export markets in 2013 will be Germany with estimated export earnings of US$4.6 billion, the UK (US$3.3 billion), the Netherlands (US$2.7billion), France (US$2 billion) and Russia (US$1.8 billion).




Đăng ký: VietNam News

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