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Vietnam – Russia trade relationship strengthened 

 Tuesday, March 21,2017

AsemconnectVietnam - Vietnam exported US$ 279.1 million worth of goods to Russia in the first two months of this year, increased by 32.05 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

The major commodities exported by the country to Russia in the first two months of this year were cell phones and accessories; textiles and garments; seafood; fruit and vegetables; petroleum; and footwear.
Cell phones and accessories were leading the list with the export turnover of $ 146.1 million, accounted for over 50 per cent of the total and increased by 51.63 per cent of the total. It was followed by coffee with $ 18.2 million, down by 24.93 per cent; and textiles and garments - $ 17.8 million, up by 115.49 per cent.
In the first two months of this year, the country’s exports of rice to Russia rocketed by 33,634.7 per cent to over $ 1 million; while the exports of machines and equipment increased by 178.74 per cent; fruit and vegetables – up by 116.71 per cent; and petroleum of all kinds – up by 133.49 per cent.
However, the country’s exports of iron and steel decreased by 83.62 per cent; cashew nuts – down by 5.7 per cent; toys and sport equipment – down by 7.5 per cent year – on – year in the first 2 months.
To date, Vietnam has 20 projects invested in Russia with the total registered capital of nearly $ 3 billion. Russian enterprises also invested in 114 projects in Vietnam with the total registered capital of $ 2.08 billion.
Vietnam’s exports of goods to Russia in the first 2 months of 2017 -Unit: US$ - source: the General Department of Customs
Item
First 2 months of 2017
First 2 months of 2017 vs. same period of 2016 (%)
Total
279,126,227
32.05
Cell phones and accessories
146,143,951
51.63
Coffee
18,295,572
-24.93
Textiles and garments
17,840,957
115.49
Computers, electronics and components
14,134,702
-23.29
Seafood
11,667,156
9.51
Footwear of all kinds
10,552,023
3.44
Machines, equipment and spare parts
10,350,650
178.74
Fruit and vegetables
5,917,144
116.71
Petroleum of all kinds
4,406,045
133.49
Cashew nuts
4,064,429
-5.73
Tea
3,763,107
18.12
Pepper
3,359,776
11.57
Handbags, wallets, suitcases, hats and umbrellas
2,618,263
42.34
Plastic products
1,655,731
42.23
Rubber
1,467,104
7.03
Confectionery and grain products
1,210,820
304.34
Rice
1,034,041
3.364.70
Wood and furniture
996,708
10.33
Toys, sport equipment and spare parts
857,643
-7.51
Iron and steel of all kinds
494,299
-83.62
Rubber products
201,012
19.99
Ceramic and porcelain products
152,827
44.06
Bamboo, rattan, sedge and carpet products
140,706
73.40
CK
Source: VITIC

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