Surge in Venezuela – Vietnam trade

Source: Pano feed

(VOV) – Despite a modest value, Vietnam’s exports to Venezuela have enjoyed relatively high and consecutive growth.



In 2013, exports rose by 1.06% to US$26.66 million and imports fell by 37.8% to US$1.15 million.


Bilateral trade value between Vietnam and Venezuela

Bilateral trade value between Vietnam and Venezuela



Major exports to Venezuela are machinery, equipment and tools (US$8.65 million), footwear (US$2.8 million), garment (US$2.3 million) and rubber (US$1.6 million) while major imports include materials for garment and footwear, rubber, machinery, equipment and tools.


Both countries boast great potential for boosting bilateral cooperation in energy, oil and gas, agriculture, industry and consumer goods production,(electric equipment, electronics, garments and footwear), health care, science and technology.




Đăng ký: VietNam News