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Home News EU largest consumer of Vietnamese goods

EU largest consumer of Vietnamese goods

altVietnamese exports to the European Union (EU) hit US$20.3 billion in 2012, increasing 22.5% against 2011 and accounting for 17.7% of the country’s total exports.

Major export items included telephone sets that made up 43% of the country’s total telephone exports, footwear 36%, computers 19%, and garments 16%.
The US was the second largest importer of Vietnamese goods, consuming US$19.6 billion in value, representing a year on year rise of 15.6% and 17.1% of Viet Nam’s total exports.

Other ASEAN countries ranked third, importing US$17.3 billion worth of Vietnamese goods, up 27.2% over 2011.

Japan and China came fourth and fifth, consuming US$13.1 billion and US$12.2 billion respectively.

China was the largest trade partner of Viet Nam, exporting US$28.9 billion worth of goods to its neighbor, up 17.6% against 2011.

It was followed by ASEAN (US$21 billion), the Republic of Korea (US$15.6 billion), Japan (US$11.7 billion), the EU (US$8.8 billion), and the US (US$4.7 billion)./.

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