VCN – With total trade turnover achieved $US 3.859 billion, till the end of May 2017, Germany is the biggest trade partner of Vietnam in Europe currently.
|Chart of the turnover value of the 6 largest export commodities of Vietnam to Germany by the end of May 2017, the unit calculated "million dollars". Sketch by T.Bình|
According to the latest information of the General Department of Customs, it showed in terms of export, the German market consumed goods from Vietnam that reached a total value of $US 2.628 billion, ranking at second place in Europe, just after Netherlands ($US 2.672 billion).
However, with the import turnover at the same time was $US 1.231 billion, the total value of trade turnover between Vietnam and Germany reached the highest figure among Vietnam’s customers in Europe (because of imports from the Netherlands only reached over $US 271 million).
Among the major export groups of Vietnam to Germany, there are 6 groups of goods reached the turnover of $US 100 million or more. In that, phone and accessories group was ranked in first place with the value of nearly $US 733 million (updated by May 2017). The next groups are: Raw materials of textile, garment, leather, shoes reached over $US 394 million; Coffee was near $US 270 million; Textile was $US 258 million; Computers, electronic products, and components reached $US 188.6 million; machinery, equipment, and spare parts was $US 143 million.
Meanwhile, in the import, at the same time, there were two groups of goods imported from Germany worth a turnover of $US 100 million or more, including machinery, equipment, tools and spare parts reached $US 516.4 million; pharmaceutical was $US 127.8 million.
Thus, in comparison with the same period of 2016, the value of Vietnam’s export turnover to Germany increased by 8.5%, equivalent to $US 206 million. In that, imports rose by 16 % that equivalent to $US 170 million.
By Thái Bình/Thanh Thuy