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Vietnam: 2017 trade turnovers exceptional

Among Vietnam’s many export achievements in 2017, fruit and vegetables have done very well this year. In the first eleven months, growth in fruit and vegetable exports reached nearly 44 percent year-on-year and exceeded the figure for 2016 as a whole. The 2017 figure is expected to reach $3.5 billion, surpassing both rice and oil exports.

Vietnamnet.vn reports that trade turnover broke thought the $400-billion mark in mid-December and Vietnam Customs expects the annual figure to come in at $410 billion.

In the WTO rankings, Vietnam’s exports rose from 50th in 2007 to 26th in 2016, while its imports moved from 41st in 2007 to 25th in 2016 and will continue upwards this year.

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