Argentina – Vietnam’s important trade partner in Latin America
Wednesday, August 15,2018
AsemconnectVietnam - Vietnam considers Argentina one of its most important trade partners in Latin America with two-way trade turnover increasing year by year from US$2.3 billion in 2015 to US$2.9 billion in 2016 and reaching around US$3.5 billion in 2017.
Footwear topped key export products to Argentina with US$61.9 million, up 49.43% over the same period last year. Garment and footwear materials came second with US$28.1 million, down 7.43%.
Vietnam also exported garments and rubber to the country. Particularly, the export of ceramic products increased 2.03 times to US$947,100 in 7 months.
Meanwhile Argentina was the second largest supplier of agricultural and pharmaceutical products to the Southeast Asian nation mostly soya beans, cooking oil, corn, and wheat.
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