AsemconnectVietnam - According to the statistics figures of the General Department of Customs, in August of 2024, Vietnam's export turnover to the Japanese market reached over 2.27 billion USD, down by 1.6% compared to the previous month. In the first 8 months of 2024, it reached 16.01 billion USD, up by 4.8% over the same period last year.

With a population of over 126 million people, Japan was a market with large import and consumption demand for products, such as fish and processed fish products, shrimp, eel, meat, meat products, soybeans, cereal products, fresh and processed vegetables, coffee, etc.
Meanwhile, Vietnam is considered a country with strengths in the above-mentioned products and has the ability to supply well to the Japanese market.
Leading the export turnover in the first 8 months of 2024 were textiles and garments reached 2.74 billion USD, up by 6.6% over the same period last year, accounting for 17.1% of the export proportion. The next was means of transport and spare parts, reaching 1.95 billion USD, up by 3.2%, accounting for 12.1%. The next was the group of machinery, equipment, tools and spare parts reaching 1.76 billion USD, accounting for 11% of the export proportion.
Some items saw export turnover growth in the first 8 months of 2024 compared to the same period last year, such as computers, electronic products and components increased by 36.5%; coffee increased by 41.1%; fertilizers of all kinds increased by 350.1%; glass and glass products increased by 73.3%.
Highly appreciating the potential for trade and investment cooperation between Vietnam and Japan, especially in relation to agricultural products and food, according to experts from Japan, Vietnamese agricultural products and food are increasingly welcomed by Japanese consumers.
CK
Source: VITIC/ haiquanonline.com.vn