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Vietnam – Turkey trade exchange hit US$ 1.32 billion in 8 months 

 Friday, October 13,2017

AsemconnectVietnam - According to the statistics figures of Turkish Statistical Institute (TUIK),the bilateral trade exchange between Vietnam and Turkey totaled US$ 1.32 billion in the first eight months of this year, increased sharply by 38.74 per cent over the same period of 2016.

The rise was attributed to the increasing exports of computers, electronics and components; and machines, equipment and spare parts; pepper; rubber and cell phones and accessories of Vietnam to Turkey.

In the first eight months of this year, Vietnam’s exports of computers, electronics and components to Turkey rocketed by 448.27 per cent to $ 337.58 million, accounted for 28.52 per cent of the country’s total exports to Turkey.

The main items exported by Vietnam to Turkey were cell phones and accessories; computers, electronics and components; and fibers of all kinds.

In the period, the country’s exports of machines, equipment and spare parts to Turkey also increased sharply by 122.64 per cent; rubber – up by 70.79 per cent; pepper – up by 53.92 per cent; seafood – up by 49.37 per cent.

Vietnam’s exports of main items to Turkey in the first 8 months of 2017 –
source: the General Department of Customs

Ord.
Export item
Export turnover (US$)
Comparison with the same period of 2016 (%)
Rate (%)
1
Cell phones and accessories
472,027,101
6.15
39.88
2
Computers, electronics and components
337,580,831
448.27
28.52
3
Fibers of all kinds
100,563,233
-17.66
8.50
4
Machines, equipment and spare parts
38,041,499
122.64
3.21
5
Rubber
27,728,756
70.79
2.34
6
Textiles and garments
24,578,543
20.24
2.08
7
Footwear of all kinds
19,164,602
-12.96
1.62
8
Pepper
16,135,002
53.92
1.36
9
Means of transport and spare parts
12,392,824
-9.17
1.05
10
Wood and furniture
9,733,204
2.63
0.82
11
Seafood
5,050,384
49.37
0.43
12
Rubber products
3,534,493
25.35
0.30
13
Textile, garment, leather and footwear materials
2,810,703
29.63
0.24
14
Plastic products
2,787,857
45.37
0.24
15
Plastics
2,092,606
-51.43
0.18
16
Tea
959,565
348.90
0.08
17
Iron and steel of all kinds
672,098
-61.97
0.06
18
Rice
416,421
-69.80
0.04
 
Total:
1,183,658,887
38.64
 
            
In the first eight months of this year, the country’s imports of machines, equipment and spare parts from Turkey also increased sharply by 89.53 per cent and accounted for 27.37 per cent of the total while the imports of fabric decreased by 15.1 per cent.

Vietnam’s imports of main items from Turkey in the first eight months of 2017 –
source: the General Department of Customs

Ord.
Import item
Import value
(US$)
Comparison with the same period of 2016 (%)
Rate (%)
1
Machines, equipment and spare parts
39,216,360
89.53
27.37
2
Fabric of all kinds
19,724,255
-15.10
13.77
3
Pharmaceuticals
10,410,380
12.88
7.27
4
Ores and minerals
4,516,783
16.99
3.15
5
Chemical products
4,435,848
38.49
3.10
6
Plastic products
2,519,390
18.86
1.76
7
Iron and steel of all kinds
1,778,803
273.44
1.24
8
Tobacco materials
1,669,302
1,686.04
1.17
 
Total:
143,265,973
39.54
 

CK
Source: vietnamexport.com/Vietnam Trade Office in Turkey

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