Bilateral trade exchange between Vietnam and Israel rises

Vietnam's export commodity structure to Israel during this time mainly focused on consumer products and agricultural products. On par with the same period last year, mobile phones and accessories had the highest export turnover at USD159 million (nearly double), followed by seafood products (USD32.6 million, up 48.9 percent), coffee (USD17.4 million, up 5.5 percent), cashew (USD15.4 million, down 20 percent), footwear (USD12 million, up 40.7 percent) and garments and textiles (USD12 million, up 14.3 percent).

For imports, through September 2013, the main commodities imported from Israel were fertilizer at USD85.6 million (up 74 percent), machinery and equipment, 24.6 million (down 3.5 percent), computer and electronic products and components, USD9.9 million (up 219 percent) and vegetables, USD2 million (up 53.8 percent).

Specifically, during this time, Vietnam continued to gain trade surplus of USD150 million over Israel. The figure accounted for 51.8 percent of the country's export turnover to Israel.

Total two-way turnover between the two countries is expected to reach about USD574 million in 2013, up 31 percent against the previous year. Of this, Vietnam's export turnover is estimated at USD387 million, up 38.7 percent.

(Source: Dangcongsan.vn)