Tuesday, January 21,2020 - 6:42 GMT+7  Việt Nam EngLish 

Exports to U.K reached 4.82 billion USD in first ten months 

 Tuesday, December 10,2019

AsemconnectVietnam - Last year, with a turnover of 6.74 billion USD (up by 9.5 per cent), the United Kingdom ranked 3rd in Vietnam's import and export turnover with EU countries.

Vietnam ranks 38th in the list of 241 UK trading partners, and ranks 25th  in the list of 233 countries exporting to the UK. In ASEAN, Vietnam ranked second (after Thailand) in terms of exports to the UK, accounting for 0.8 per cent of total import turnover.
Generally in the first 10 months of 2019, Vietnam's total exports of goods to the UK market reached 4.82 billion USD, up by 1.83 per cent over the same period of 2018. In particular, phones and accessories accounted for the largest market share of 39.33 per cent of total exports, reaching 1.69 billion USD.

The strongest growth included three categories: transport vehicles and spare parts, up by 238.3 per cent to reach 108.87 million USD; electric wires and cables increased by 227.57 per cent to 15.32 million USD; paper and paper products increased by 213.79 per cent to 6.25 million USD.
Many commodity groups with export value of over 100 million USD in the first 10 months of the year were: seafood products reached 238.09 million USD; wood and wooden products - 260.72 million USD; textiles and garments reached 648.01 million USD; footwear of all kinds reached 533.37 million USD; computers, electronic products and components reached 231.94 million USD; machinery, equipment, tools and other spare parts reached 225.23 million USD.

Iron and steel was the strongest item in the 10 months of 2018, with a decrease of 58.43 per cent in volume to 28,154 tons and a decrease of 60.57 per cent in value to reach 21.48 million USD. The exports of cashews, coffee, and pepper also fell by over 10 per cent, but they also accounted for a relatively small market share.

Vietnam’s exports of goods to the U.K in the first ten months of 2019 – Source: the General Department of Customs
Item
First 10 months of 2019
+/- vs. same period of 2018 (%)
Volume (ton)
Value (USD)
Volume
Value
Total
 
4,819,767,628
 
1.83
Seafood
 
 
238,096,089
 
 
-10.74
Fruit and vegetables
 
 
6,934,837
 
 
36.25
Cashew nuts
13,595
92,233,994
10.44
-15.92
Coffee
41,976
66,370,516
-1.07
-12.69
Pepper
4,050
13,265,782
7.91
-14.15
Confectionery and grain products
 
23,565,098
 
36.79
Plastic products
 
93,337,250
 
1.11
Rubber
2,392
2,900,995
25.10
8.24
Rubber products
 
15,780,012
 
8.92
Handbags, suitcases, hats and umbrellas
 
83,675,116
 
7.70
Bamboo, rattan, sedge and carpet products
 
21,041,541
 
82.54
Wood and furniture
 
260,726,222
 
11.04
Paper and products
 
6,254,878
 
213.79
Fibers of all kinds
15,034
15,350,071
29.82
17.84
Textiles and garments
 
648,013,041
 
1.97
Footwear of all kinds
 
533,373,590
 
0.08
Textile, garment, leather and footwear materials
 
16,973,295
 
26.83
Ceramic and porcelain products
 
21,286,932
 
19.96
Precious stones, metals and products
 
3,050,321
 
-4.95
Iron and steel of all kinds
28,154
21,486,299
-58.43
-60.57
Iron and steel products
 
63,568,295
 
13.32
Other ordinary metals and products
 
36,617,725
 
28.40
Computers, electronic products and components
 
231,939,503
 
7.25
Telephones and accessories
 
1,696,135,509
 
-6.70
Machines, equipment and spare parts
 
225,230,268
 
41.46
Electric wires and cables
 
15,318,633
 
227.57
Means of transport and spare parts
 
108,876,956
 
238.30
Toys, sport equipment and spare parts
 
73,808,691
 
8.88
Others
 
184,556,168
 
 
 
CK
Source: VITIC

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