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VN records trade surplus with Australia in 2014

Feb 5th at 14:18
05-02-2015 14:18:29+07:00

VN records trade surplus with Australia in 2014

Viet Nam recorded a trade surplus of US$1.93 billion with Australia in 2014, Radio The Voice of Viet Nam (VOV) reports.

During 2014, exports to Australia surged 13.7 per cent to $3.39 billion, while imports hit $2.06 billion, up 29.7 per cent, VOV said, quoting statistics from the General Department of Customs.

Crude oil accounted for 46 per cent of Viet Nam's exports to Australia, while other major exports included agro-fishery and industrial products, such as steel and electric components. Meanwhile, Viet Nam mainly imported beef, wheat, milk, dairy products, plastic and textile materials, leather and minerals from Australia.

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