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Trade with EU on the up

Oct 10th at 13:23
10-10-2013 13:23:55+07:00

Trade with EU on the up

The Ministry of Industry and Trade estimates two-way trade between Viet Nam and the EU will surpass US$40 billion by the end of 2013, a 21-per-cent jump on last year.

 

Viet Nam's exports will account for $28.6 billion of the total, while imports will make up $11.5 billion, meaning the nation's trade surplus will stand at over $17 billion.

The country's key export market in the EU include economic heavyweights Germany, the UK and France.

So far this year, Viet Nam has exported $20 billion worth of goods to the bloc, while imports stand at $8.5 billion.

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