Two-way trade turnover between Vietnam and India in 2021 has crossed the $13 billion mark ($13.2 billion) for the first time, up 36.5% from $9.6 billion in 2020.

The Vietnam Trade Office in India quoted data from the General Department of Customs of Vietnam as saying that in the total two-way trade turnover as above, India exported 6.95 billion USD (up 56% compared to 2020), Vietnam exported 6.95 billion USD. South exported 6.25 billion USD (up 20% compared to 2020).

The main export items from Vietnam to India accounted for a large proportion in December 2021, including common metals ($79.3 million), computers, electronic products and components ($78.8 million). ), phones and components ($76.7 million), other goods ($75.2 million), machinery, equipment and spare parts ($49.8 million)...

High growth items include pepper (up 101%), coffee (up 90%), rubber products (up 88%).

Some products exported from Vietnam to India with very strong growth rates in the whole year of 2021 (compared to 2020) include plastic raw materials (up 231%), chemicals (up 162%), rubber (up 162%), rubber (up 231%), chemicals (up 162%). up 138%), coal (up 128%). Mobile phones and components continued to have the largest export turnover, reaching more than 1.28 billion USD - accounting for about 21% of the total export value of goods from Vietnam to India. Export of computers, electronic products and components reached 828 million USD, accounting for 13%.

The main export items from India to Vietnam accounted for a large proportion in December 2021, including iron and steel and iron and steel products ($116 million), metals ($37 million), cotton ($35 million). , machinery and equipment (US$31 million)...

For the whole year of 2021, iron and steel exports of all kinds have the largest turnover, reaching nearly $1.4 billion - accounting for about 20% of the total export value of goods from India to Vietnam.

Export of machinery, equipment, tools and other spare parts reached 428 million USD, accounting for 6.2% of total export value. Meanwhile, the export of other common metals reached US$405 million, accounting for 5.8%.

According to VNA