Logo of Phnom Penh Post newspaper Phnom Penh Post - VN exports to Australia grow 62% in January

VN exports to Australia grow 62% in January

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Wood supplies are produced for export. VNA/VNS Photo

VN exports to Australia grow 62% in January

Vietnamese exports to Australia hit $392 million last month, growing 62.08 per cent over the same period last year, statistics from the General Department of Vietnam Customs showed.

Two-way turnover between Vietnam and Australia is estimated at nearly $873 million, a year-on-year increase of 39.92 per cent.

In addition to telephones, many items exported to Australia increased last month.

Seafood surged by 106.09 per cent, wood and wood products up 69.95 per cent, toys and parts 218.11 per cent, textiles 62.72 per cent, footwear 72.47 per cent, electric wires and cables 329.68 per cent, plastics materials more than 900 per cent, agricultural products and vegetables 37.16 per cent.

During the Lunar New Year, Vietnamese goods for the holiday sold well at Asian supermarkets and other supermarkets across Australia.

Although the Australian market reduced global import by 5.14 per cent last year, exports from Vietnam to Australia still grew by 2.65 per cent.

The Vietnam Trade Office in Australia has closely followed Australia’s economic recovery plan based on the needs of Australian businesses in the context of trade tensions to connect trade and promote export.

The Ministry of Industry and Trade said that in addition to the Online International Exhibition of Vietnamese Goods 2021 to be held in Australia this year, many promotional events would be hosted by the Vietnam Trade Office in Australia each month.

VIET NAM NEWS/ASIA NEWS NETWORK

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