Vietnamese exports to Canada expanded by 34.55 percent on year to 2.08 billion USD in 2014, said the Vietnam Industry and Trade Information Centre under the Ministry of Industry and Trade.
Two-way trade is expected to approximate 3 billion USD in 2015. (Photo for illustration)

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

Vietnam 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.

Source: VNA