The Ministry of Industry and Trade will make efforts to remove difficulties and maintain smooth trade activities. (Photo: hanoimoi.com.vn)
Specifically, export and import turnover between Vietnam and the Asia-Africa region in 2021 totaled 444 billion USD, an increase of 22.38% against last year, contributing 67.3% of Vietnam’s total exports and imports.
In which, the country’s exports to the region in 2021 were valued at 165.9 billion USD, a year-on-year increase of 14.62%, accounting for 50.2%.
Groups with large turnover include phones of all kinds and components at 32.29 billion USD; computers, electronic products and components at USD 27.32 billion; other machinery, equipment, tools and spare parts at 13 billion USD; and garments and textiles at USD 10.6 billion.
Vietnam’s main export partners in the region, such as China, the Republic of Korea, Japan and ASEAN, have all maintained high growth rates, contributing to the positive growth of Vietnam's exports. According to estimates, export turnover to these markets in 2021 was: 56 billion USD, up 14.51%; 21.7 billion USD, up 13.61%; 19.8 billion USD, up 3%; and 28.6 billion USD, up 23.6%, respectively.
In the opposite direction, Vietnam’s import turnover from Asia-Africa in 2021 totaled 278.35 billion USD, a year-on-year increase of 27.52%, accounting for 84.3% of Vietnam’s total imports from the world.
In which, groups of goods with large import turnover include computers, electronic products and components at 64.7 billion USD; other machinery, equipment, tools and spare parts at USD 40.7 billion; phones and components at USD 20.7 billion; fabrics of all kinds at 13.7 billion USD; iron and steel of all kinds at 10.7 billion USD; and plastic materials at 10.39 billion USD)./.