The total exports from Vietnam to the UK in the first 11 months of 2021 amounted to $5.24 billion, while it imported goods worth $778 million during the same period.
The trade surplus was a miracle during the pandemic as market demand had dropped and the world was facing a prolonged container crisis, said Vietnamese media reports quoting the ministry.
Vietnam exports steel, rubber, farm produce, rattan products, peppercorn and pottery products to the UK, while it imports metal, telephones and accessories, garment and textile materials, leather and footwear, medicine and completely-built-up cars.
Additionally, Vietnam’s total trade surplus in 2021 was $4 billion, marking the 6th year for the country when its import revenue was less than its export turnover. The country’s total foreign trade turnover in 2021 amounted to $668.5 billion, up 22.6 per cent from the previous year.
ALCHEMPro News Desk (KD)
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