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Vietnam's exports to some European markets in first 10 months of 2024 

 Saturday, November 30,2024

AsemconnectVietnam - According to statistics from the General Department of Customs, in the first 10 months of 2024, Vietnam's exports of goods to the Netherlands market reached 10.6 billion USD, up by 27.9% over the same period last year.

Meanwhile, Vietnam's goods exports to the German market reached 6.5 billion USD, up by 5.7% over the same period last year, and goods exports to the French market reached 2.7 billion USD, up by 6.7% over the same period last year.
The exports of goods to the German market in October and the first 10 months of 2024
Over the years, Germany has always been one of Vietnam's important trading partners.
According to statistics from the General Department of Customs, Vietnam's export turnover to the German market in October of 2024 reached 707.5 million USD, up by 25.3% over the previous month. In the first 10 months of 2024, it reached 6.5 billion USD, up by 5.7% over the same period last year.
The exports of the group of machinery, equipment, tools and spare parts reached 1.07 billion USD in the first 10 months of 2024, up by 6.05%, accounting for 16.4% of the export proportion. The next was the group of computers, electronic products and components with 844.7 million USD, up by 43.3%, accounting for 12.9% of the proportion.
Some items saw good growth in the first 10 months of 2024 compared to the same period last year: rubber increased by 92.5%; rubber products increased by 50.7%; pepper increased by 143.5%; vegetables and fruits increased by 73.6%; coffee increased by 45.7%; plastic products increased by 30.2%; cashew nuts increased by 22.6%; vegetables and fruits increased by 96.5%; pepper increased by 151.8%; chemical products increased by 51.2%.
The positive growth rate of Vietnam's agricultural exports to the most demanding market in the EU is showing that the quality of Vietnam's agricultural products has been improved and met the strict requirements of the importing partners. By taking advantage of the opportunities brought by the EVFTA, Vietnam's agricultural exports to the German market are expected to achieve even higher growth in the following years.
Exports of goods to the French market in October and the first 10 months of 2024
According to statistics from the General Department of Customs, the export turnover of Vietnamese goods to France in October 2024 reached 300.5 million USD, an increase of 13.6% over the previous month. In the first 10 months of 2024, it reached 2.7 billion USD, an increase of 6.7% over the same period last year.
In recent years, France has always been one of Vietnam's leading trading partners in the EU.
Telephones of all kinds were the item with the largest export turnover to the French market in the first 10 months of 2024, reaching 471.5 million USD, down by 4.5% over the same period last year, accounting for 16.8% of the export proportion.
The next was footwear of all kinds, in the first 10 months of the year, with 469.3 million USD, accounting for 16.8% of the export proportion.
In the first 10 months of 2024, some export items to France had an increase in export turnover compared to the same period last year, such as computers, electronic products and components increased by 29.2%; handbags, wallets, suitcases, hats and umbrellas increased by 26.3%; coffee increased by 55.6%; pepper increased by 77.4%; rubber increased by 134.7%.
Imported agricultural products and food supply account 20% of annual domestic consumption in France. Although it is the second largest ocean power in the world, according to data, nearly 2/3 of shrimp and fish consumed in France are imported. At the same time, more than half of vegetables and fruits consumed in France are imported.
In addition to the reason of the continuous decrease in cultivated area, another important reason is the constant increase in market demand for imported fruit juices and fruits (such as avocado, mango, dragon fruit, etc.).
Vietnam's goods exports to the Netherlands market in October and the first 10 months of 2024
According to statistics from the General Department of Customs, Vietnam's goods export turnover to the Netherlands in the first 10 months of 2024 reached 10.6 billion USD, an increase of 27.9% over the same period last year.
Leading the export turnover in the first 10 months of 2024 was the group of computers, electronic products and components reached 2.73 billion USD, an increase of 39.3% over the same period last year, accounting for 25.6% of the export proportion. The next was the group of machinery, equipment, tools and spare parts reaching 2.06 billion USD, up by 25.7%, accounting for 19.4% of the proportion; and then was the group of footwear of all kinds reaching 1.17 billion USD, up by 71%, accounting for 19.3% of the proportion.
Some items with increased export turnover to the Dutch market in the first 10 months of 2024 compared to the same period last year, include pepper increased by 76.2%; chemical products increased by 77.4%; cameras, camcorders and components increased by 42.2%.
The EU is a dynamic market. The great cooperation opportunities in the field of vegetable, root and fruit trade are concentrated in cooperative relationships with Dutch traders - where import capacity from developing countries has grown quite strongly in recent years. For a long time, the Netherlands has been considered the gateway to the EU market, the leading transit point in Europe and the world for vegetables, tubers and fruits. In particular, EVFTA is bringing many new opportunities for Vietnamese and Dutch businesses.
CK
Source: VITIC

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