Vietnam, Canada bilateral trade to prosper

14:32 | 18/08/2015 Trade

Bilateral trade turnover between Vietnam and Canada has prospered, reaching about 1.45 billion USD in the first five months of 2015, according to Statistics Canada.

Vietnam, Canada bilateral trade to prosper

Vietnam exports high quality furniture (Photo:VNA)

Vietnam’s export turnover to Canada reached 1.2 billion USD, a 30.5 percent increase from 2014, while import turnover was 235.4 million USD, up 80.9 percent.

In the first quarter of this year, total trade between the two countries hit nearly 830 million USD; Vietnam’s export turnover to the North American country accounted for 679.4 million USD, surging 27.9 percent compared to the same period last year.

Meanwhile, Vietnam’s import value from Canada was 150.3 million USD, a year on year increase of 148.8 percent.

Vietnam’s key exports to Canada include apparel, footwear, seafood, coffee and cashew nuts while importing primarily wheat, spare airplane parts and nickel./.

Source: VNA