(VOVWORLD) - Last year saw Vietnam's export turnover to Israel reach roughly 700 million USD and imports hit estimated 850 million USD, according to the Vietnam Trade Office in the Middle East nation.
 Illustrated picture (Photo: VNA) |
Notably, Vietnam's export value in November last year increased by 27.2% to 51.04 million USD, compared to the previous month. Turnover of most key export items posted sharp increases during the month, including coffee, footwear, phones and accessories, and textiles and garments, cashew nuts, and seafood products.
This indicated a slight fall in comparison to a figure of 774 million USD recorded last year. This is said to be a positive result in the context that the Israeli market suffered fluctuations, disturbances and difficulties amid political instability and negative impacts caused by the COVID-19 pandemic.
With a population of only 9.3 million, Israel is the third largest export market of Vietnam in the Middle East, behind the United Arab Emirates (UAE) and Turkey.