In the first ten months of this year, Vietnam exported over $3.3 billion to and imported nearly $3.1 billion worth of goods from Australia, up by 23 per cent and 16 per cent, respectively year – on – year.

 

In the first ten months of this year, Vietnam’s exports of goods to Australia increased by nearly $615 million or 23 per cent over the same period last year. Of the figure, the exports of machines, equipment and spare parts to Australia increased by over $163 million; crude oil – up by over $157 million; telephones and components – up by nearly $105 million; textiles and garments – up by over $38 million; footwear of all kinds – up by over $20 million; iron and steel products – up by over $18 million; wood and furniture – up by nearly $18 million; and seafood – up by nearly $16 million.

'Besides, the country’s exports of electric wires and cables rocketed by 289 per cent; coffee – up by 45 per cent; bamboo, rattan, sedge and carpet products – up by 41 per cent; and fruits and vegetables – up by 37 per cent.

 

Vietnam’s imports of goods from Australia in the first ten months of this year increased by nearly $432 million, or 16 per cent compared with the same period last year. Of the figure, the exports of coal increased by over $322 million; ores and minerals – up by nearly $183 million; iron and steel scraps – up by over $38 million; and fruits and vegetables – up by over $31 million.