Vietnam-Pakistan trade turnover forecast to rise 30 per cent
The two-way trade turnover between Vietnam and Pakistan in the first quarter of 2012 hit a record high of $113.6 million, up by 85.6 per cent against the same period last year.
The Import-Export Department under the Ministry of Industry and Trade (MoIT) said exports were estimated at $38.6 million and imports at $75 million.
Tea topped the list of export items with 3,913 tonnes earning $6.6 million (17 per cent). With its annual tea consumption rising by 2 per cent, Pakistan will have to import over 235,000 tonnes by 2015.
Tea was followed by coarse textile fibres ($6.3 million), seafood ($4.5 million), pepper ($4.4 million) and rubber ($1.06 million).
Economic experts forecast that by the end of 2012, the trade turnover between Vietnam and Pakistan would increase by 30 per cent compared to last year.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:
Related Contents
Latest News
More News
- M&A prospects bright in many sectors (November 21, 2024 | 11:54)
- M&As working in tandem with health development (November 21, 2024 | 11:29)
- Slow disbursement hinders ambitions (November 21, 2024 | 09:00)
- Mitsubishi Estate launches Logicross Hai Phong - a milestone in logistics evolution (November 20, 2024 | 14:32)
- Semiconductor workforce partnerships deliver industry-relevant training (November 20, 2024 | 10:58)
- German Quickpack to invest $31.7 million in Long An province (November 20, 2024 | 09:31)
- Foreign-invested enterprises drive logistics investment in the southeast region (November 20, 2024 | 09:27)
- Chile visit underscores trade benefits (November 19, 2024 | 10:00)
- Trump’s second term impacts sci-tech activities and industry 4.0 technologies (November 18, 2024 | 10:00)
- Vietnam eyes nuclear revival to bolster energy security (November 14, 2024 | 16:46)
Latest News
Mobile Version