Vietnam's exports to EU grow 23.5% in ten months

Trade between Vietnam and the EU reached 52.5 billion USD in the first ten months of this year, up 14% over the same period last year, according to the Ministry of Industry and Trade.

The ministry said exports hit 39.7 billion USD in the period, a year-on-year increase of 23.5%.

The EU is currently Vietnam's leading trade partner and third largest export market, with an annual export growth rate of 7.5%, accounting for 13.6% of the Southeast Asian country’s total export turnover in 2015-2021 period.

The market share of Vietnamese goods in the EU' total imports is 1.8%, higher than that of other Southeast Asian countries such as Malaysia, Thailand, Indonesia and Singapore./.

VNA