Export of gems and precious metals accelerated

09:40 | 26/10/2016 Trade Follow Ven.vn on

Viet Nam's export of gems and precious metals reached US$729.85 million in revenue in the first nine month of this year, a year-on-year increase of 63.44 per cent.

The country's gems and precious metals are exported to 14 countries and territories - Photo: hanoimoi.com.vn

These statistics were revealed by the General Department of Vietnam Customs.

It's reported that the country's gems and precious metals are exported to 14 countries and territories including Switzerland, United States, United Arab Emirates and Japan, as well as South Korea and France.

Switzerland was the largest importer with turnover of $324.83 million, accounting for 45 per cent of Viet Nam's total exports and representing a 23-fold increase compared with the same period last year.

The second largest importer was the United States with an import value of $243.33 million, 8.73 per cent lower than the same period last year, accounting for 32 per cent of Viet Nam's total exports.

It was followed by Japan, which imported gems and precious metals worth $38.77 million, a year-on-year increase of 15.56 per cent.

The growth rates of exporting gems and precious metals to South Korea and Germany were 46.77 per cent and 7.48 per cent, respectively.

However, exports to a number of countries and territories also declined, such as Belgium, France, Australia and Taiwan, with year-on-year reduction of 38.35 per cent, 13.11 per cent, 3.52 per cent and 29.91 per cent, respectively./.

Source: VNS

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Export of gems and precious metals accelerated

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