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VietNamNews

Trade with Bangladesh down

Update: March, 11/2013 - 18:06

HA NOI (VNS) — The General Department of Customs has reported that the bilateral trade value between Viet Nam and Bangladesh reached nearly US$390 million last year, down 18.9 per cent over the previous year.

Viet Nam's exports totaled $353 million, down 20 per cent from 2011, while its imports also declined 11.7 per cent from the previous year to $35.4 million.

The highest valued export commodities included clinker with a total 2012 revenue of $205 million, an 860 per cent surge on 2011, followed by fibres, textiles, iron, and steel products.

The fall in earnings of exports to Bangladesh is primarily due to Viet Nam halting rice shipments to the market. — VNS

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