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Exports to Canada surge by nearly 35%

DA NANG Today
Published: February 11, 2015

Vietnamese exports to Canada expanded by 34.55% on year to 2,08 billion USD in 2014, said the Viet Nam Industry and Trade Information Centre under the Ministry of Industry and Trade.

Garments grew 25.9 percent yearly to hit 492.51 million USD.
Garments grew 25.9% yearly to hit 492.51 million USD.

Among Viet Nam’s key exports to the North American country, garments grew 25.9 %yearly to hit 492.51 million USD, accounting for 23% of the total value. Meanwhile, the country racked up 263.25 million USD from aquatic products, up 45.8% compared to last year.

Canada is a potential market for Vietnamese products. Two-way trade has experienced sustainable growth in the past few years with trade balance favouring the Southeast Asian nation.

Two-way trade is expected to approximate 3 billion USD in 2015.

Viet Nam is amongst the 25 countries to benefit from support programmes for accessing the Canadian market and it is also one of the six key target countries prioritised in Canada’s education cooperation.
 

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