Vietnam among top Asian exporters to Spain

Vietnam has become one of the top Asian exporters to Spain, only behind mainland China, on par with Hong Kong, and above Japan, Taiwan, South Korea which are strategic markets of the European country.

The information was released by the Vietnam Trade Office in Spain at a recent teleconference on trade promotion.

Two-way trade between Vietnam and Spain hit 2.19 billion EUR in the first half of the year. Vietnam enjoyed a trade surplus of 1.71 billion EUR, up 12.21% year-on-year, Spain Customs data showed.

Its major exports include mobile phones and spare parts, machinery and equipment, garment and textile, footwear, coffee, aquatic products, wood and wooden furniture, bamboo and rattan products.

The Vietnam Trade Office in Spain is seeking collaboration from localities and trade associations to hold online and offline workshops to introduce business opportunities to exporters, as well as hold more trips to Spain to connect Vietnamese importers, distributors and major supermarkets with Spanish partners.

This year, the office will focus on supporting Vietnam’s exports of aquatic products, fruits and vegetables, and handicrafts.

According to the office, Spain wants to sell more products to Vietnam, including meat and ham, alcoholic beverages, processed organic food, olive, organic cosmetics, milk and dairy products, machinery and auto spare parts.

Vietnamese ministries and agencies should partner with the office in organising the first meeting of the Inter-Governmental Committee on Economic, Trade and Investment Cooperation to find solutions to trade barriers and boost ties in industry and energy, the office said.