Vietnam-Czech Republic trade exchange records positive signs

Update: 17:49 | 20/11/2018
Vietnam earned 88.05 million USD from exports to the Czech Republic in September, raising the figure for the first nine months of this year to 775.94 million USD, up 10.8 percent year-on-year, according to the Czech Statistical Office.  
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Meanwhile, exports of the Czech Republic to Vietnam hit more than 106 million USD in the first nine months of 2018, up 51.6 percent against the same period last year.

vietnam czech republic trade exchange records positive signs
Vietnam earned 88.05 million USD from exports to the Czech Republic in September, raising the figure for the first nine months of this year to 775.94 million USD. (Photo: VOV)

The growth surpassed the 100 million USD mark in nine months for the first time.

In the nine months, bilateral import-export exceeded 880 million USD, rising 14.6 percent year-on-year. A growth of more than 10 percent has been maintained annually since 2015.

During the period under review, Vietnam mainly shipped audio visual and devices to the Czech Republic, raking in 267.4 million USD, followed by footwear with 187.8 million USD. Other exports of Vietnam included rubber products, leather and chemicals, garment-textile materials, interior furniture, farm produce, tea, coffee and handicrafts, among others.

Meanwhile, the country mostly imported electronic and mechanical devices, glass and crystal products, military equipment, seeds, pharmaceutical products and more.

The upcoming seminar on the Czech Republic–Vietnam economy, set to take place in early December in Prague, is expected to bolster cooperation and investment between the two countries’ firms. 

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(Source: VNA)