Vietnam, Chile enjoy over 600 mln USD in trade

Two-way trade between Vietnam and Chile reached a record in 2012 with a value of 606 million USD or 24.5 percent more than 2011, according to the Chile’s Export Promotion Agency (ProChile).
Two-way trade between Vietnam and Chile reached a record in 2012 with a value of 606 million USD or 24.5 percent more than 2011, according to the Chile’s Export Promotion Agency (ProChile).

Statistics released by the agency showed that last year, Vietnam’s exports to Chile rose 26.9 percent year-on-year to 189.8 million USD. Its major exports were footwear, garments and textiles, cement, frozen fish, coffee and rice

Meanwhile, the Southeast Asian country’s import value was 416.2 million USD, up 23.4 percent year-on-year.

The two countries expect to witness higher trade revenue after their bilateral Free Trade Agreement (FTA) takes into effect.

In 2011, bilateral trade between Vietnam and Chile reached more than 486 million USD, a year-on-year increase of 50 percent.-VNA

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