HCMC – Vietnam’s exports to Australia increased by 42% to US$4.9 billion, according to the Vietnam Trade Office in Australia.
In the first eight months of 2022, bilateral trade between Vietnam and Australia reached US$10.969 billion, up 37.44% year-on-year.
Among Vietnam’s exports to Australia, seafood increased by 49% to US$247.6 million, while wood products increased by 23.99% to US$135.4 million, confectionery by 50% to more than US$50 million, and iron and steel by 232.92% to US$142 million.
Vietnam’s imports from Australia also increased by 34.75%, mainly input materials for domestic products such as coal, iron ore, metals and wheat.
