Exports of machinery, equipment, tools and spare parts to EU market soar

VOV.VN - Machinery, equipment, tools and spare parts have become the main commodity group among key export products from early this year to mid-May that recorded impressive growth of 76.9% to US$13,34 billion.

Most notably, the United States and Germany made up the largest Vietnamese export markets for these products.

According to statistics released by the General Department of Vietnam Customs, the country exported goods worth approximately US$116.8 billion during the reviewed period, representing an increase of 30.9% compared the same period from last year.

With regard to the export items, phones and components raked in US$19.92 billion, up 21.4%, while the export value of computers, electronic products and components reached US$17.71 billion, a year-on-year increase of 30.2%.

Throughout the four-month period, the US became a major importer of Vietnamese machinery, equipment, tools and spare parts, with turnover of US$5.71 billion, representing a sharp rise of 157%, followed by the EU with US$1.61 billion, a boost of 76.5% against the same period from last year.

During the reviewed period, exports of machinery, equipment, tools and spare parts to Germany also enjoyed robust growth.

Specifically, Vietnamese export turnover to the EU nation rose by 6.8% on-year to reach US$2.34 billion. Of the figure, machinery, equipment, tools and spare parts soared by nearly 128% to US$452.4 million compared to last year’s corresponding period.

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