Exports to the UK up 41.6% in H1
Monday, 22/07/2013
Vietnam’s export turnover to the UK reached US$1.76 billion in the past six months, a year-on-year increase of 41.6%, according to the General Statistics Office (GSO).
Telephones and components earned the largest turnover of more than US$611 million, up 79.6%, followed by footwear (US$260.1 million, up 4.6%), and garments (US$205.1 million, up 3.5%).
Notably, computers, export earnings of electronics and components rose 315.5% to nearly US$173 million.
Some commodities such as wood and wooden products, coffee, seafood and ceramics also fetched relatively high growth in revenue.
Meanwhile, some goods saw a decrease in turnover including cashew nuts, fruit and vegetables, iron and steel, and electrical wire & cable.
The Ministry of Industry and Trade (MoIT) reported last year Vietnam earned US$3.03 billion from exporting goods to the UK, up 42 percent compared to 2011’s figure.
The UK is a demanding market as its consumers are interested in health and environmental issues. Vietnamese businesses will make a higher profit if they meet the UK’s strict requirements.
VOV
Telephones and components earned the largest turnover of more than US$611 million, up 79.6%, followed by footwear (US$260.1 million, up 4.6%), and garments (US$205.1 million, up 3.5%).
Notably, computers, export earnings of electronics and components rose 315.5% to nearly US$173 million.
Some commodities such as wood and wooden products, coffee, seafood and ceramics also fetched relatively high growth in revenue.
Meanwhile, some goods saw a decrease in turnover including cashew nuts, fruit and vegetables, iron and steel, and electrical wire & cable.
The Ministry of Industry and Trade (MoIT) reported last year Vietnam earned US$3.03 billion from exporting goods to the UK, up 42 percent compared to 2011’s figure.
The UK is a demanding market as its consumers are interested in health and environmental issues. Vietnamese businesses will make a higher profit if they meet the UK’s strict requirements.
VOV
