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Home News Export to Asia-Pacific to surge this year

Export to Asia-Pacific to surge this year

alt Vietnamese exports to the Asia-Pacific region will continue to surge in 2013, after reaching turnovers of US$57.3 billion in 2012, up 21.3% against 2011, the Ministry of Industry and Trade forecasts.

Viet Nam has 15 trading partners in the region, and the turnovers of US$57.3 billion accounts for 50.1% of the country’s total last year.

The number of Asia-Pacific markets which Viet Nam has trade surplus with increased to 9 in 2012 from 5 in 2010. Markets with high trade surplus include Hong Kong (US$2.6 billion), Cambodia (US$2.3 billion), Japan (US$1.5 billion), the Philippines (US$904 million), Australia (US$1.3 billion), Malaysia (US$1.2 billion), and Indonesia (US$113 million).

Viet Nam has recently exported new hi-tech products to Asia-Pacific markets. Its electronic component exports have posted an annual growth of over 60%.

By Ngoc Van (VGP News)

 

 

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