Vietnam records trade surplus with India in Q1

06/05/2020, 16:29

Vietnam ran a trade surplus of 343 million USD with India in the first quarter of this year, according to statistics released by the General Department of Vietnam Customs.Two-way trade between the two countries hit 2.345 billion USD, with Vietnam’s exports valued at 1.398 billion USD.

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The Ministry of Industry and Trade’s Trade Promotion Agency said India is now Vietnam’s 10th largest trade partner. However, there remains untapped potentials.

A number of Vietnamese products such as longan, litchi, rambutan and durian are popular in India.

The two countries are striving to achieve two-way trade of 15 billion USD this year./.

VNA


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Vietnam records trade surplus with India in Q1