November 22, 2017 19:54

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Exports to India on the rise

12:36 | 10/05/2017

Exports to India reached US$734.6 million in the first quarter of this year, a year-on-year rise of 32.2%, according to the General Department of Vietnam Customs.

exports to india on the rise

Computers, electronics and components topped among 28 export products to India with US$139.4 million (up 142.8%), trailed by base metal with US$106.2 million (up 87.5%) and telephones and components with US$100.3 million (up 13.3%).

In general, most export items in the first 3 months obtained a growth compared to the same period last year, particularly tea which enjoyed a skyrocketed growth of 794% although its revenue was just half a million US$. Other products saw a high export growth, namely steel (up 337.5%), confectionary and cereal products (up 118.7%) and garment (up 74.3%).

Meanwhile, export products which suffered a sharp decline are rattan and bamboo products (down 88.7% against the corresponding period last year), rubber (down 59.2%) and pepper (down 48%).

Source: VNA