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VietNamNews

Viet Nam-Argentina trade surges to $1.92b

Update: January, 19/2015 - 08:42

Viet Nam mainly sold footwear, electronic products, garments, plastic products, mechanical devices, iron and steel while purchased materials were used for making animal feed, cereals, leather materials, seafood and cotton. — VNA/VNS Photo Tran Viet

HA NOI (VNS) — Trade turnover between Viet Nam and Argentina hit a record high of $1.92 billion in 2014, an increase of 20.6 per cent from 2013, according to Argentine Customs initial statistics.

Viet Nam's exports to Argentina reached $214.2 million, up 5 per cent, while imports stood at $1.706 billion, an increase of 22.6 per cent compared to 2013.

Viet Nam mainly sold footwear, electronic products, garments, plastic products, mechanical devices, iron and steel while purchased materials were used for making animal feed, cereals, leather materials, seafood and cotton.

Argentina regards Viet Nam as one of the world's 15 emerging dynamic economies and chose the country as a priority export market for 2014 and 2015.

Trade turnover between the two nations continues to rise even though Argentina's foreign trade declined in the first 11 months of 2014. — VNS

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