Vietnam – Czech trade is forecast to exceed $ 1 billion in 2018

In 2018, the import-export turnover of Vietnam and the Czech Republic is forecast to continue exceeding $ 1 billion …
Vietnam – Czech trade is forecast to exceed $ 1 billion in 2018.

Vietnam Trade Office in the Czech Republic leads the latest statistics of the Statistics Office of the country shows that bilateral trade turnover in Vietnam and the Czech Republic in the first 6 months of 2018 continued to increase nearly 14% over the same period last year, marked a steady growth of over 10% from 2015 onwards.

Specifically, in the past six months, the import-export turnover of Vietnam – Czech Republic reached more than 551 million, up nearly 14% over the same period last year.

In June alone, the Czech Republic imported $ 75 million worth of goods from Vietnam, an increase of 14% over the same period last year, bringing the total turnovers to $ 503.7 million.

In the opposite direction, the total Czech merchandise exports to Vietnam in the first six months reached $ 47.6 million, up over 10% over the same period last year.

Thus, over the past six months, Vietnam exported to the Czech Republic $ 456.1 million.

Vietnam’s exports to the Czech Republic in the first half of this year still topped with audiovisual electronic products worth nearly $ 170 million; second place is footwear and the products of this group reached over $ 122 million.

In addition, rubber products, inorganic chemical compounds, leather products, garment accessories, knitted clothing, boilers and mechanical equipment, motor vehicles and tractors, wooden furniture Furniture … turnover reached $ 10-41 million.

The agricultural products, tea, coffee, rubber, handicrafts, metal, plastic and plastic products … turnover from $ 2-8 million.

Czech products exported to Vietnam were led by furnaces, boilers and mechanical appliances valued at US $ 12.8 million. Next is the audio, video, audio, TV screen with over $ 9 million.

Other products focus on optical imaging, cinematography, surgery, glass and crystal products, plastic products, military equipment, seeds, pharmaceuticals, medicinal plants, industrial plant varieties

These are forecasts that the import-export turnover this year will continue to exceed US $ 1 billion, creating momentum to promote cooperation and investment between enterprises of the Czech Republic and Vietnam in the fields of civil and public. High technology, especially in biotechnology and nanotechnology.

Earlier, in 2017, the first import-export turnover between Vietnam and Czech exceeded $ 1 billion, reaching $ 1.022 billion, up 12% over 2016. However, this trade turnover is still assessed. It is modest compared to the economic potential and actual demand of the two countries.