AsemconnectVietnam - According to the statistics figures of the General Department of Customs, the export turnover of Vietnamese goods to Thailand in May of 2023 reached 589 million USD, up by 8.2% over the previous month.

Generally, the first 5 months of 2023, the figure reached 3 billion USD, up by 3.4% over the same period last year.
In the first 5 months of 2023, the leading export turnover was the group of phones and accessories, reaching 468.6 million USD, up by 14.7% compared to the previous month, accounting for 15.5% of the total export. The next was the group of machinery, equipment, tools and spare parts with 376.3 million USD, up by 2.1% compared to the previous month, accounting for 12.4% of the export proportion. It was followed by crude oil with 320.8 million USD, up by 33.3%, accounting for 10.6% proportion.
Some groups of products exported to Thailand in the first 5 months of 2023 grew quite well compared to the same period last year: chemicals increased by 228.5%; coffee increased by 93.1%; footwear of all kinds increased by 90.8%.
Vietnam and Thailand have agreed on a number of specific orientations, solutions, and action plans for the cooperation relationship between the two countries in the coming period, such as to continue to coordinate more closely in creating a favorable environment for import and export activities of enterprises as well as to pay more attention to trade development solutions in a more balanced and mutually beneficial direction.
With a number of specific measures, such as minimizing the application and finding ways to solve unnecessary trade barriers to ensure the normal operation of supply chains; and establishing a channel for information exchange between agencies in charge of trade remedies.
At the same time, the to sides also continue to coordinate to organize trade promotion activities in Thailand and Vietnam, encourage Thai retail groups to act as a bridge to bring Vietnamese goods to Thai consumers and consumers in countries where Thailand has invested in developing distribution systems.
CK
Source: VITIC