Home breadcru News breadcru Import/Exports breadcru Vietnam's textile & garment exports to Japan at $1.67 bn in H1 2022

Vietnam's textile & garment exports to Japan at $1.67 bn in H1 2022

18 Jul '22
1 min read
Pic: Shutterstock
Pic: Shutterstock

Vietnam’s export of textiles and garments to Japan reached nearly $1.67 billion in the first half of 2022, as per the latest data from the General Department of Customs. Other groups of export goods valued at more than $1 billion were machinery, equipment, tools, and spare parts ($1.364 billion) and means of transport and spare parts ($1.2 billion).

Vietnam’s exports to Japan went up to $11.38 billion in the first half of 2022, which was a nearly 13 per cent rise over the same period last year. On the other hand, imports from Japan touched $12 billion, which is an increase of 10.6 per cent year-on-year.

Japan is Vietnam’s fourth biggest trade partner after China, the United States, and South Korea.

In 2021, bilateral trade between Vietnam and Japan totalled up to almost $43 billion, of which Vietnam’s exports were estimated to be $20.13 billion and imports were pegged at more than $22.8 billion.

ALCHEMPro News Desk (NB)

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