Vietnam recorded a trade surplus of 1.8 billion USD with Japan inthe first 11 months of this year, representing a year-on-year increaseof 33 percent, reported the Vietnam Customs.
Textiles were exported more to Japan than other commodities,accounting for 18 percent of the country’s total exports to Japan andseizing the lead among Vietnam’s nine major export lines.
Vietnam mainly imported machines, equipment, tools and spare parts,computers, electronic devices and components from Japan. It also boughtsteel, steel products, materials for textile and footwear sectors andplastic products.
The import of these goods made up 73 percent of Vietnam’s total import turnover from Japan.
Japan traded with Vietnam over 24.6 billion USD in goods in 2012 andthe figure is expected to rise to 25 billion USD in 2013.
The two countries signed a lot of significant documents like theagreements on Vietnam – Japan economic partnership, investmentencouragement and protection, and double taxation avoidance.
They are working together in negotiations on the Trans-Pacific Partnership (TPP) agreement.-VNA
Textiles were exported more to Japan than other commodities,accounting for 18 percent of the country’s total exports to Japan andseizing the lead among Vietnam’s nine major export lines.
Vietnam mainly imported machines, equipment, tools and spare parts,computers, electronic devices and components from Japan. It also boughtsteel, steel products, materials for textile and footwear sectors andplastic products.
The import of these goods made up 73 percent of Vietnam’s total import turnover from Japan.
Japan traded with Vietnam over 24.6 billion USD in goods in 2012 andthe figure is expected to rise to 25 billion USD in 2013.
The two countries signed a lot of significant documents like theagreements on Vietnam – Japan economic partnership, investmentencouragement and protection, and double taxation avoidance.
They are working together in negotiations on the Trans-Pacific Partnership (TPP) agreement.-VNA
