(VOVWORLD) -Import-export turnover of goods between Vietnam and the European Union (EU) in the first half of 2024 totaled 32 billion USD, with a trade surplus of 17 billion USD, an increase of 18.5% compared to the previous year, according to the Import-Export Department at the Ministry of Industry and Trade.
 Illustration photo: Ministry of Industry and Trade
|
The report said that exports in the past six months reached 24.5 billion USD, up 14.1% over the same period last year. Exports to the European market grew in double digits thanks to the significant recovery of key product groups, such as phones, computers, textiles, footwear, agriculture, forestry and fisheries.
The strongest increase was in the group of computers, electronic products and components with nearly 50% higher than the same period last year. Next, machinery, equipment and spare parts grew by more than 22%, and seafood exports from Vietnam to the EU went up by 12%.
If the recovery momentum continues as in the first half, exports to the EU could reach 50-52 billion USD in the second half of the year, the report said.