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Trade deficit with Argentina totaled US$ 300 million in two months 

 Thursday, April 12,2018

AsemconnectVietnam - In the first two months of this year, Vietnam exported US$ 84.5 million worth of goods to and imported $ 431.6 million worth of goods from Argentina, so the country got $ 347 million of deficit in trade exchange with Argentina, showed the statistics figures of the General Department of Customs.

The figures showed that the country exported $ 30.3 million worth of goods to Argentina in February and $ 84.5 million in the first two months of the year, up by 47.43 per cent year – on – year.

Rubber was the leading item exported by the country to Argentina in the first two months of this year with 181 tons worth of $ 295,700, down by 8.59 per cent in quantity and 30.1 per cent in value compared with the same period last year.

It was followed by footwear of all kinds with $ 16 million, up by 32.63 per cent; and then textiles and garments with $ 3.8 million.
Especially, the exports of ceramic and porcelain products to Argentina rocketed by 476.12 per cent to $ 309,600.

In the first two months, Vietnam’s imports of animal feed and materials from Argentina reached $ 222.4 million; corn - $ 194.2 million; and textile, garment, leather and footwear materials - $ 4.6 million.
CK
Source: VITIC

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