Imports from Hungary jump high

Source: Pano feed

(VOV) – In the first 10 months of this year, Vietnam’s imports from Hungary rocketed 42.2% to US$96.5 million while exports to the market dropped 12.2% to nearly US$45.5 million compared to the same period last year.


According to Vietnam Customs’ statistics the country’s total imports and exports in the review period increased by 18.6% to US$141.8 million.


In general, Vietnam always runs a trade deficit with Hungary, especially in 2010 and 2011. In the 10-month period of 2014 Vietnam’s import surplus with this market reached nearly US$51.1 million, triple the figure reported a year earlier of US$16.1 million.


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The total value of Vietnam imports and exports with Hungary made up a small proportion (nearly 0.06%) of the country’s total trade turnover.


In the review period, Hungary is Vietnam’s 80th export market in terms of value and the country’s 52nd goods supplier.


Vietnam mainly exports to Hungary garment, means of transport, spare parts, telephone handsets and components while imports pharmaceutical products, machines, equipment, and tools.




Đăng ký: VietNam News