Exports to Australia enjoy 62.08% increase in January

Vietnamese agricultural products are sold at Australian supermarkets

Along with mobile phones, several export commodities enjoyed sharp increases, including aquatic products, which rose by 106.09%, wood and wood products, up 69.95%, toys and components, up 218.11%, and textiles and garments, up 62.72%. This is in addition to footwear, up 72.47%, electric wires and cables, up 329.68%, plastics materials, up over 900%, and agricultural products and vegetables, up 37.16%.

Meanwhile, two-way trade turnover between both nations stood at approximately US$873 million, an annual increase of 39.92%.

Most notably, during the Lunar New Year period, Vietnamese products for Tet were not only sold at Asian supermarkets, but also at major Australian supermarkets such as Woolworths.

As a means of promoting exports to Australia, the Vietnam Trade Office also implemented a number of trade promotion activities, including launching a business-matching mobile app called Viet-Aus Trade. In addition, they launched the first-ever online Vietnam sourcing expo as a means of helping to connect enterprises from the two countries.