The General Department of Vietnam Customs reported that Vietnam exported morethan 308.3 million USD worth of goods to France in January, up 28 percentyear-on-year.
Vietnam also imported 175 million USD worth of goods from the country, ayear-on-year rise of 92 percent, resulting in a trade surplus of 133.3 millionUSD.
The highest gains were seen in means of transport and spare parts,garment-textiles, leather and footwear materials, and rice.
Phones and spare parts was a main driver, with export revenue exceeding 81.6million USD.
France is also the second-largest importer of Vietnamese fruit and vegetables inthe EU, behind the Netherlands, with over 3.5 million USD worth shipped to thecountry in January, up 17 percent year-on-year.
The results are attributable to the EU-Vietnam Free Trade Agreement (EVFTA),which took effect last August.
According to the European-American Market Department at the Ministry ofIndustry and Trade, France has long been one of Vietnam’s major trade partnersin the EU.
It is Vietnam’s fourth-largest importer in the bloc, after the Netherlands,Germany, and Austria.
Vietnam’s exports to the country are expected to bounce back at the end of thisquarter when the pandemic is better contained and lockdowns are lifted in France./.