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Vietnam tops ASEAN in trade with Canada

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The figures were released by the Statistics Canada, the country’s national statistical agency.

Data showed Vietnam’s exports to Canada during the first three months of the year hit US$836.1 million, up 23%, while Vietnam imported Canadian goods worth US$92.9 million, down 38.7%.

Vietnam’s key shipments to the North American country included machines, electronic devices, garments, footwear and timber products.

Combined revenues from machinery, electronic products posted the largest growth rate at 123% reaching US$273 million, followed by footwear with revenue of US$103 million.

However, seafood exports fell sharply by 22.4%.

Vietnam’s main imports from Canada included fertilisers, soybeans, machinery and accessories.

Compared with ASEAN countries, Vietnam was the fifth largest importer of Canadian goods but the largest exporter to Canada.

As a single economy, ASEAN’s exports to Canada reached US$2.879 billion while imports were estimated at more than US$1 billion.

Source : https://www.talkvietnam.org

Keyword : Vietnam, tops ASEAN, in trade, with Canada.

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