Of this, exports hit USD 56 billion, up 10.2% compared with the 2021’s figure, it said.

Vietnam's trade surplus with the European market hit USD 35.5 billion last year.

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The E.U. is currently Vietnam's leading trade partner and third largest export market with an annual export growth rate of 7.5%, accounting for 13.6% of the Southeast Asian country’s total export turnover in the 2015-2021 period.

The market share of Vietnamese goods in the E.U.’s total imports is 1.8%, higher than that of other Southeast Asian countries such as Malaysia (1.2%), Thailand (0.9%), Indonesia (0.7%) and Singapore (0.7%), according to the European Statistics Agency (Eurostat).

Source: VNA