Vietnam-EU trade increases 14.8 percent in 2021

  • Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
    Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
  • Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
    Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
  • Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
    Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
  • Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
    Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
  • Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
    Photo: Making shoes for export to EU at the Truong Xuan Shoes Co. Ltd in Ba Vi district of Hanoi. VNA Photo: Trần Việt
Trade between Vietnam and the EU rose 14.8 percent in 2021 to 63.6 billion USD despite impacts of COVID-19. According to the Ministry of Industry a Trade, in the year, Vietnam exported 45.8 billion USD worth of goods to the EU, up 14.2 percent year on year, while importing 17.9 billion USD worth of products from the market, a rise of 16.5 percent. The ministry attributed the results to the EU-Vietnam Free Trade Agreement (EVFTA), which took effect more than one year ago. Notably, the export revenue of products using the EUR.1 certificate of origin (C/O) reached about 7.8 billion USD, which showed Vietnamese firms’ greater attention to optimising of incentives from the deal. VNA Photo: Trần Việt

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