Friday, September 20,2019 - 8:31 GMT+7  Việt Nam EngLish 

Vietnam to speed up exports to Germany 

 Wednesday, August 21,2019

AsemconnectVietnam - Germany was one of the main export markets for Vietnamese goods in the European Union (EU). In particular, with the Vietnam-EU Free Trade Agreement (EVFTA), Vietnam will have more opportunities to export goods into this market.

According to the statistics figures of the General Department of Customs, since 2017, together with the Netherlands and the UK, Germany has been in the top 3 biggest trading partners importing Vietnam's goods in the EU. Specifically, in 2017, the total two-way trade turnover between Vietnam and Germany reached 9.5 billion USD, of which Vietnam exported 6.3 billion USD to Germany. In 2018, the two-way export turnover increased to over 10 billion USD, of which, Vietnam exported 6.86 billion USD worth of goods to Germany.

In the first 6 months of 2019, Vietnam exported to Germany more than 3.33 billion USD. Vietnamese products with high export value must be mentioned such as footwear, handbags, textiles, seafood, etc.
Vietnam’s exports of goods to Germany in the first 6 months decreased by 4.7% in turnover compared to the same period in 2018; in which, the group of mobile phones and accessories ranked first with a decrease of 14.1 per cent, reaching 911.87 million USD, accounting for 27.4 per cent of the total export turnover of the country to this market.

Footwear of all kinds followed with 486.95 million USD, accounting for 14.6 per cent of the total turnover, up by 5.9 per cent over the same period last year; textiles and garments - 365.35 million USD, accounting for 11 per cent, down by 2.6 per cent; computers, electronic products and components - 277.05 million USD, accounting for 8.3 per cent, down by 8 per cent; coffee - 214.4 million USD, accounting for 6.4 per cent, down by 13.6 per cent; machinery, equipment and spare parts - 196.94 million USD, accounting for 5.9 per cent, up by 2.6 per cent.

Vietnam’s exports of goods to Germany in the first 6 months of 2019 -
Unit: USD – source: the General Department of Customs
Item
June of 2019
+/- June of 2019 vs. May of 2019 (%)
First 6 months of 2019
+/- First 6 months of 2019 vs. same period of 2018 (%)
Total
542,195,523
-5.78
3,327,882,089
-4.74
Phones and accessories
136,330,821
15.69
911,869,992
-14.09
Footwear of all kinds
83,092,900
-17.04
486,948,985
5.85
Textiles and garments
78,084,279
-0.62
365,346,395
-2.63
Computers, electronics components and spare parts
37,446,850
-29.19
277,047,005
-8.01
Others
39,867,549
5.11
228,333,549
 
Coffee
38,817,631
7.13
214,395,969
-13.64
Machines, equipment and spare parts
30,183,495
-12.09
196,938,855
2.56
Handbags, wallets, suitcases, hats and umbrellas
14,181,292
-30.58
96,305,909
13.73
Seafood
15,928,658
-4.64
90,598,021
-4.24
Plastics products
11,107,370
-16.89
67,965,640
11.42
Cashew nuts
10,945,040
-15.24
63,641,622
19.13
Wood and furniture
4,619,902
-40.49
62,496,051
17.82
Iron and steel products
9,431,707
0.62
57,272,647
11.02
Means of transport and spare parts
7,970,363
-10.99
54,526,019
-6.1
Toys, sports equipment and spare parts
4,737,731
-5.8
25,926,906
-22.39
Pepper
3,670,642
-36.47
20,615,374
7.89
Rubber
2,586,608
26.63
20,329,657
-27.55
Rubber products
2,521,974
2.91
14,986,644
-8.49
Bamboo, rattan, sedge and carpet products
2,214,914
-8.17
14,421,917
-6.02
Confectionery and grain products
1,897,848
-6.72
14,406,311
8.26
Textile, garment, leather and footwear materials
1,526,124
-40.66
11,067,726
9.14
Fruits and vegetables
722,275
-58.57
8,702,210
14.85
Ceramic and porcelain products
1,018,609
-35.19
7,408,472
45.37
Other ordinary metals and products
1,412,073
61
6,741,182
-4.02
Chemical products
599,619
27.34
3,838,343
-16.02
Paper and products
420,934
-16.3
2,451,922
202.81
Precious stones, metals and products
307,383
31.54
1,672,063
-28.28
Cameras, camcorders and components
77,449
-63.49
843,984
-75.44
Iron and steel of all kinds
473,483
735.29
599,210
-78.57
Tea
 
-100
183,509
-84.35
CK
Source: VITIC

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