Vietnam, Czech Republic enjoy robust trade ties

Tuesday, 2019-12-10 17:12:57
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Clothes are among Vietnam's key exports to the Czech Republic. (Photo: VNA)
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NDO/VNA – Vietnam and the Czech Republic have experienced sound growth in their trade revenue so far this year, according to the Czech Statistical Office.

The office said that Vietnam exported US$849 million worth of products to the central European country during January-September, a year-on-year rise of 8.05%. Two-way trade in the period was estimated at US$900 million.

Vietnam’s exports to the Czech Republic with high growth included cloth (surging 86%), plastic and plastic products (up 28%), toys (27%), clothes and accessories (21%), and seafood (20%).

Meanwhile, Czech shipments to Vietnam that witnessed strong growth were train-engine-spare parts and mechanical equipment (244%), leather and tanned leather (100%), wool and cloth made from fur (100%), steel products (74%), and toys and sport tools (40%).

In the nine-month period, trade value between the Czech Republic and foreign countries hit US$280.5 billion, a year-on-year fall of 2.52%, with exports declining 1.15% to US$148.8 billion.

The US, China, Switzerland, Russia, Turkey, Japan, Norway, the Republic of Korea, India and Canada are large trade partners of the nation.