Vietnam’s exports to UK increased in 2024
Tuesday, January 28,2025
AsemconnectVietnam - According to the statistics figures from the General Department of Customs, the export turnover of Vietnamese goods to the UK market in December of 2024 reached 605.9 million USD, an increase of 5% compared to the previous month.
In 2024, it reached 7.5 billion USD, an increase of 18.9% over the same period last year.
The leading export turnover item in 2024 was the group of machinery, equipment, tools and spare parts, reaching 1.36 billion USD, an increase of 32.1%, accounting for 18% of the export proportion. The next was the group of phones of all kinds and components, reaching more than 1.1 billion USD, a decrease of 16.4%, accounting for 14.6% of the export proportion.
In 2024, some items had a significant increase in export turnover compared to the previous year, such as computers, electronic products and components increased by 117.2%; rubber increased by 77.9%; fruits and vegetables increased by 53.7%.
In general, in 2024, most of Vietnam's export items to the UK market increased compared to the same period last year.
To be able to take advantage of the opportunities brought about by the UK-Vietnam Free Trade Agreement (UKVFTA), Vietnamese enterprises need to ensure that their products and production processes meet UK standards.
CK
Source: VITIC
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