Việt Nam’s exports to EU surge amid COVID-19
15:23
HÀ NỘI —
Trade in goods between Việt Nam and the European Union (EU) has seen positive
growth since the beginning of 2021, despite the impact of the COVID-19
pandemic. Vietnamese lychees put on sale in France. — VNA/VNS Photo According to
statistics of the General Department of Customs, Việt Nam exported US$16.1
billion worth of goods to the EU during January-May, while importing
commodities worth $6.7 billion from the bloc, up 20.1 per cent and 16.8 per
cent compared to the same period last year, respectively. The EU is
currently Việt Nam’s fifth largest trade partner and second biggest
importer of Vietnamese goods, following the US. Last year, two-way trade
reached $49.8 billion, down 0.1 per cent year-on-year, and accounting for
9.13 per cent of Việt Nam's total foreign trade. With the
EU-Việt Nam Free Trade Agreement, Việt Nam’s exports to the bloc bounced back
since the end of 2020, said Trần Thanh Hải, deputy head of the Ministry of
Industry and Trade’s Import-Export Department. Thanks to
the preferential tariffs under the deal, footwear exports to the bloc’s 27
member countries increased by 19.2 per cent year-on-year in the first quarter
of 2021. Countries
that saw surges included Spain (39.2 per cent), Belgium (37 per cent), Czech
Republic (36.5 per cent) and Sweden (30.8 per cent). The
agreement is also creating favourable conditions for the export of Vietnamese
farm produce. In recent
days, batches of fresh lychees have been shipped to the Czech Republic,
Germany, France and Belgium. Trần Văn
Công, Việt Nam's agricultural counsellor in Europe, said that the first batch
of lychee to Belgium marked an important milestone as a special “passport”
proving the production capacity of the Vietnamese agricultural sector. According to
the Việt Nam Association of Seafood Exporters and Producers (VASEP), European
importers have shown more interest in Vietnamese seafood suppliers given
tariff advantages from the EVFTA and the stable source of raw materials. Việt
Nam’s seafood exports to the EU reached over $380 million in the first 5
months of this year, up 15 per cent year-on-year, with half of which, nearly
$199 million, coming from shrimp, up 22 per cent year-on-year. - VNS |
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