Vietnam’s export to Laos hits 287 mln USD in 8 months

Vietnam earned 287.39 million USD from commodity exports to Laos in the first eight months of 2014, representing a year-on-year rise of 2.97 percent, according to data from the General Department of Vietnam Customs.
Vietnam earned 287.39 million USD from commodity exports to Laos in the first eight months of 2014, representing a year-on-year rise of 2.97 percent, according to data from the General Department of Vietnam Customs.

The humble increase was blamed for decreases in the export turnover of some staples such as steel, down 1.81 percent; petrol, 21.56 percent; fertilizer, 17.95 percent; and electric wires, 58.22 percent.

Only several commodity groups like machines and equipment, steel products, and ceramics enjoyed export growths of 30.12 percent, 16.81 percent and 30.02 percent, respectively.

In the eight-month period, Vietnam’s total export turnover reached 43.3 billion USD, up 39 percent over the same period last year.-VNA

See more