Home » Trade » Vietnam-India trade picks up

Two-way trade turnover between Vietnam and India reached US$2,493 million in the first eight months of this year, showing a year-on-year increase of 2.2 percent, according to the General Department of Customs’ statistics.

Vietnam earned US$1.058 million from exports to India, up 12.9 percent, while its imports from the country fell by 4.5 percent to US$1,435 million, the trade deficit was estimated at 33.4 percent lower than the same period last year.

Vietnam’s key export items included mobile phones and components (US$243.5 million),  machinery and other accessories (US$154 million), natural rubber (US$105 million),  computers, electronic products and spare parts (US$87,5 million),  and coffee (US$41.7 million).

Commodities imported from India were corn (US$247.7 million), fodder and materials (US$199.6 million), pharmaceutical products (US$185.9 million), cotton (US$88.4 million) and other machinery and spare parts (US$83.5 million).

(VOV)

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