Vietnam-Czech Republic trade up 5.6 percent in first half

Tuesday, 10/09/2019 11:51
Two-way trade between Vietnam and the Czech Republic in the first six months of 2019 hit USD591.14 million, up 5.6 percent, according to latest statistics of the European country.

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Photo for illustration (Source: VNA)

The Czech Republic imported USD557.78 million worth of goods from Vietnam, an increase of 8.96 percent, while the value of its exports to Vietnam reached USD33.36 million, down 30.33 percent.

Czech-Vietnam trade value in 2019 is forecast to reach US1.182 billion, a year-on-year increase of 0.66 percent, with the Czech Republic’s import value expected to increase by 7.93 percent.

In the first two quarter, the European country imported from Vietnam mainly machinery, electrical equipment, footwear, textiles and accessories, and agricultural-forestry products.

Data from the General Department of Vietnam Customs shows that in the first seven months of this year, Vietnam posted increases in export turnover to many EU member states, such as Germany (3.43 percent), Hungary (7.94 percent), Denmark (4.74 percent), Estonia (16.17 percent) and the Netherlands (8.97 percent)./.

CPV/VNA

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