Vietnam’s exports to Singapore reached 692.3 SGD (around 554 million USD) in the first quarter of 2013, increased by more than 30 percent over the same period last year.

According to the Singapore Department of Statistics (DOS), mobile phones and components, machinery, equipment, tools and spare parts were key items imported from Vietnam in the quarter.

DOS noted the reappearance of crude oil in the list of imported goods after being absent in the first quarter of 2012.

Vietnamese rice and black pepper, footwear, wood and woodworks, paper and paper products, electric and cable wires saw increases in export value.

Meanwhile, Singapore gained more than 2.9 billion SGD from selling goods to Vietnam. Petroleum, machinery, equipment and tools are key products the ASEAN member country shipped to Vietnam.

In 2012, two-way trade between Vietnam and Singapore reached 15.8 billion SGD, up by 6.2 percent against the previous year.-VNA