Illustrative image (Photo: VNA) New Delhi (VNA) - Two-way trade between Vietnamand India in 2021 surpassed 13 billion USD for the first time, up 36.5 percentcompared to the previous year.
TheVietnam Trade Office in India cited data from the General Department of Vietnam Customs, saying that Vietnam exported 6.25 billion USD worth of goods in the year, up20 percent year-on-year; while India’s figure 6.95 billionUSD, up 56 percent.
Vietnam’s main exports to India in December last year were metals (79.3 million USD); computers,electronic products and components (78.8 million USD), phones and components (76.7million USD), other goods (75.2 million USD), machinery, equipment, tools andspare parts (49.8 million USD). Those that recorded strong growth included pepper (up 101 percent), coffee (up90 percent), and rubber products (up 88 percent).
Plastic raw materials, chemicals, rubber, and coal were were Vietnameseitems that witnessed the strongest growth in 2021, surging 231 percent, 162 percent and 138 percent,respectively.
Meanwhile, mobile phones and components continued to record the largestexport turnover, hitting more than 1.28 billion USD, accounting for about 21percent of Vietnam’s total export value to India, the department said.
InDecember last year, India mainly exported steel, metals, cotton, and machineryand equipment to Vietnam, with respective turnover of 116 million USD, 37million USD, 35 million USD, and 31 million USD.
Thesteel export posted the largest turnover in the whole year, reaching nearly 1.4billion USD, making up about 20 percent of the total export value of goodsfrom India to Vietnam./.
