Two-way trade between Vietnam and Australia in the first six months of the year peaked at over US$2.86 billion, resulting in a trade surplus of US$924 million, according to Vietnam Customs statistics.
Of the total, Vietnam’s export earnings hit US$1.89 billion, up 24.3% year-on-year, and its imports fetched US$971.56 million, up 37.3%.
Key Vietnamese exports included crude oil, mobile handsets and components, seafood, cashew nuts, timber, garment and textiles, footwear, machinery, and equipment.
Crude oil topped the list of export items, bringing home US$989 million, a year-on-year increase of 44.1%. It was followed by mobile handsets and components (nearly US$184.75 million, up 21%), and fisheries (US$104.55 million, 36.5%).
Notably, gross exports from iron and steel to Australia saw the highest growth rate over the past six months, up 215.6% over the previous year.
Other News
Trending
-
Homeland Spring 2025: Overseas Vietnamese explore investment opportunities
-
Vietnam news in brief - January 17
-
More than 2,000 drones paint Hanoi's landmarks in New Year's skies
-
Hanoi kicks off the Spring Calligraphy Festival in celebration of Lunar New Year
-
Hanoi’s central role means heightened responsibility in foreign affairs: Mayor
-
Hanoi revives historic Tet traditions in Duong Lam Ancient Village
-
AI set to drive Vietnam's economic growth in 2025
-
Two Vietnamese cities in Asia's top five destinations for digital nomads
-
Prime Minister sets vision for Vietnamese football: Asian glory and World Cup dreams