Vietnam's exports to EU grow 23.5% in ten months
Hanoi (VNA) – The trade turnover between
Vietnam and the European Union (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 (MoIT).
Of which, exports hit 39.7 billion USD, a year-on-year increase
of 23.5%, it said.
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 (1.2%),
Thailand (0.9%), Indonesia (0.7%) and Singapore (0.7%)./.