Vietnam Exports 22 More New Commodities
Vietnam has so far this year exported an additional 22 new products as part of its trade promotion program to narrow this year’s estimated trade gap of US$9 billion.
The new items have helped bring an additional US$3 billion to the country’s total exports revenues of US$35.2 billion in the January-September period, said the Ministry of Industry and Trade Monday.
Among the new products, steel and cast iron products became the biggest cash earner with revenue of nearly US$362 million, followed by manioc (nearly US$330 million) and steel (US$300 million).
Other products such as rubber-sourced products, minerals, electric transformers, glasses and cardboards also posted a growth of between 20 per cent and 80 per cent to over US$100 million each in the January-September.
Vietnam was estimated to have posted an on-year export growth of 19.4 per cent to reach US$35.2 billion in the first nine months of this year, fulfilling 75.3 per cent of the year’s target, said the ministry.
This year, Vietnam’s exports are forecast to reach US$48.1 billion while imports spending may grow 30 per cent in the fourth quarter to hit US$58.5 billion for the whole year. (Vietnam Economic Times)
Vietnamese
