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Jan 21, 2014 / 09:30

Spain-Vietnam trade sharply increases

Two-way trade between Vietnam and Spain hit more than EUR1.65 billion in the first nine months of 2013, a year-on-year increase of 13.6%.

Of the total, Vietnamese exports rose 9.8% to EUR1.468 billion and its imports soared 21% to EUR182.7 million, according to Spain Customs statistics.

Vietnam mainly ships machinery, electric and electronic appliances, footwear and accessories, garments, coffee, mechanical equipment, seafood, handbags, purses, cases, and rubber to this South European nation.

It imports seafood, chemicals, mechanical equipment, plastics, dying substances, tanned hide, electrical equipment, animal feed, and pharmaceuticals.

Two-way trade hit a record high of EUR2.3 billion in 2012 for the first time, up 19.4% over the previous year.