AsemconnectVietnam - According to the statistics figures from the General Department of Customs, in November of 2023, Vietnam's export turnover of goods to the Japanese market reached more than 2.04 billion USD, an increase of 1.1% compared to the previous month.

Overall, in the first 11 months of this year, the country’s exports to Japan reached 21.3 billion USD, down by 3.8% over the same period last year.
With a population of more than 126 million people, Japan is a market with large import and consumption demand for several products, such as fish and products processed from fish, shrimp, eel, meat, meat products, soybeans, cereal products, fresh and processed fruits and vegetables, coffee, etc.
Meanwhile, Vietnam is considered a country with strengths in the above products and has the ability to supply well to the Japanese market.
Leading export turnover in the first 11 months of 2023 were textiles and garments with 3.7 billion USD, accounting for 17.4% of export proportion, up by 0.26% over the same period last year. The next was means of transport and spare parts with 2.68 billion USD, an increase of 17.7%, accounting for 12.6%. And then the group of machinery, equipment, tools and spare parts with 2.5 billion USD, accounting for 11.7% of export proportion.
Some products achieved increased export turnover in the first 11 months of 2023, such as phones of all types and components increased by 8.5%; cashew nuts increased by 17%; cassava and cassava products increased by 587.4%.
Highly appreciating the potential for trade and investment cooperation between Vietnam and Japan, especially related to agricultural and food products, according to experts from Japan, Vietnam's agricultural and food products are increasing accepted by Japanese consumers.
To create a push for Vietnamese agricultural and food products to penetrate deeply into the Japanese market, the Vietnam Trade Office in Japan recommends that businesses should not only pay attention to quality and price but need to actively strengthen and enhance the image and brand of Vietnamese products.
CK
Source: VITIC