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Vietnam-Czech Republic trade up 5.6 percent in first half

Two-way trade between Vietnam and the Czech Republic in the first six months of 2019 hit 591.14 million USD, up 5.6 percent, according to latest statistics of the European country.
Vietnam-Czech Republic trade up 5.6 percent in first half ảnh 1Illustrative image (Source: VNA)

Prague (VNA) –Two-way trade between Vietnam and the Czech Republic in the first six months of2019 hit 591.14 million USD, up 5.6 percent, according to latest statistics of theEuropean country.

The Czech Republic imported 557.78 million USD worth of goods from Vietnam, anincrease of 8.96 percent, while the value of its exports to Vietnam reached33.36 million USD, down 30.33 percent.

Czech-Vietnam trade value in 2019 is forecast to reach 1.182 billion USD, ayear-on-year increase of 0.66 percent, with the Czech Republic’s import valueexpected to increase by 7.93 percent.

In the first two quarter, the European country imported from Vietnam mainlymachinery, electrical equipment, footwear, textiles and accessories, andagricultural-forestry products.

Data from the General Department of Vietnam Customs shows that in the firstseven months of this year, Vietnam posted increases in export turnover to many EUmember states, such as Germany (3.43 percent), Hungary (7.94 percent), Denmark(4.74 percent), Estonia (16.17 percent) and the Netherland (8.97 percent).-VNA


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