Vietnam records export surplus to Australia

(VOVworld) - Vietnamese exports to Australia picked up the pace for the past seven months, jumping up nearly 40% on-year to US$2.39 billion.

Vietnam records export surplus to Australia - ảnh 1

The Vietnam Trade Office in Australia reports key Vietnamese exports included crude oil, telephones and components, seafood, cashew nuts, timber, garment and textiles, footwear, machinery, and equipment. Crude oil topped the list of export items earning US$1.3 billion. It was followed by telephones and components and aquatic products. Notably, gross exports from iron and steel to Australia saw the highest growth rate, up 200% on-year. Other items maintaining steady growth were electric cables, metals, confectionery, cereals, handbags, wallets, suitcases, hats, and umbrellas.

Meanwhile, Vietnamese major imports from Australia were timber products, plastic materials, oil, steel scraps, minerals, and input materials for garment and footwear industries.
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