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Vietnam got over US$3 billion of surplus in trade exchange with Britain in 9 months 

 Friday, October 19,2018

AsemconnectVietnam - The bilateral trade exchange between Vietnam and Britain totaled US$4.8 billion in the first nine months of this year, showed the statistics figures of the General Department of Customs.

Of the figure, the country exported $4.2 billion worth of goods to; and imported $594.6 million worth of goods from Britain, up by 9.68 per cent and 14.56 per cent year – on – year.

So in the first nine months, Vietnam got over $3.7 billion of surplus in trade exchange with Britain.
Telephones and components were leading the list of items exported by Vietnam to Britain in the first nine months of this year with $1.6 billion, up by 15.08 per cent and accounted for 38.7 per cent.

It was followed by textiles and garments with $579.2 million, up by 743 per cent; and footwear - $483.3 million, down by 5.77 per cent over the same period last year.

Meanwhile, the exports of iron and steel products to Britain increased by 73.49 per cent; rubber – up by 40.11 per cent and precious stones, metals and products – up by 53 per cent to $46.8 million; $12.9 million; and $2.7 million, respectively year – on – year.

However, the exports of pepper to Britain increased by 7.63 per cent in quantity and decreased by 34.34 per cent over the same period last year to 3,500 tons worth of $14.9 million.

Vietnam’s exports of goods to Britain in the first nine months of 2018
- source: VITIC – according to the figures of the General Department of Customs
Item
First 9 months of 2018
First 9 months of 2018 vs. same period of 2017 (%)
Quantity (Ton)
Value (US$)
Quantity
Value
Total
 
4,256,843,824
 
9.68
Telephones and components
 
1,650,814,919
 
15.08
Textiles and garments
 
579,293,462
 
7.43
Footwear of all kinds
 
483,378,141
 
-5.77
Seafood
 
232,040,325
 
20.26
Wood and furniture
 
209,494,894
 
-0.57
Computers, electronics and components
 
184,956,465
 
11.33
Machines, equipment and spare parts
 
139,860,741
 
44.95
Cashew nuts
10,776
97,522,538
-12.55
-16.83
Plastic products
 
80,931,810
 
8.73
Handbags, wallets, suitcases, hats and umbrellas
 
69,161,035
 
13.1
Coffee
37,905
68,455,292
50.07
16.54
Toys, sports equipment and spare parts
 
61,063,948
 
6.43
Iron and steel of all kinds
67,656
54,209,802
12.4
27.73
Iron and steel products
 
46,824,380
 
73.49
Other ordinary metals and products
 
26,120,580
 
20.8
Means of transport and spare parts
 
25,913,390
 
34.88
Ceramic and porcelain products
 
15,369,914
 
-19.76
Confectionery and grain products
 
15,076,693
 
20.65
Pepper
3,597
14,954,000
7.63
-34.34
Rubber products
 
12,977,548
 
40.11
Textile, garment, leather and footwear materials
 
12,181,731
 
2.96
Fibers of all kinds
9,586
10,796,745
-24.23
-3.58
Bamboo, rattan, sedge and carpet products
 
10,357,168
 
39.06
Fruits and vegetables
 
4,549,620
 
-4.74
Electric wires and cables
 
4,457,654
 
-6.72
Precious stones, metals and products
 
2,781,199
 
53.14
Rubber
1,791
2,511,140
57.66
14.55
Paper and products
 
1,528,904
 
12.01
 
Vietnam also imported pharmaceuticals, iron and steel scraps, chemical products; and machines, equipment and spare parts, etc from Britain.
To date, Britain is one of the leading 15 investor in Vietnam.
CK
Source: VITIC

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