Vietnam-India trade exceeds 13 billion USD

Two-way trade between Vietnam and India in 2021 surpassed 13 billion USD for the first time, up 36.5 percent compared to the previous year.

Vietnam exported 6.25 billion USD worth of goods in the year, up 20 percent year-on-year, according to the General Department of Vietnam Customs.

Vietnam’s main exports to India in December last year included metals, computers, electronic products and components.

Those that recorded strong growth included pepper, coffee, and rubber products.

In December last year, India mainly exported steel, metals, cotton, and machinery and equipment to Vietnam.

The steel export posted the largest turnover in the whole year, reaching nearly 1.4 billion USD, making up about 20 percent of the total export value of goods from India to Vietnam./. 

VNA