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Vietnam-Czech Republic trade up 5.6 percent in first half

by VNA09 September 2019 Last updated at 20:00 PM

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VTV.vn - 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.

The Czech Republic imported 557.78 million USD worth of goods from Vietnam, an increase of 8.96 percent, while the value of its exports to Vietnam reached 33.36 million USD, down 30.33 percent.

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

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

Data from the General Department of Vietnam Customs shows that in the first seven months of this year, Vietnam posted increases in export turnover to many EU member 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).

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