Iron and steel export turnover to Belgium increased more than 16 times

Compared to the same period in 2020, export turnover to this European country increased by 1 billion USD, equivalent to 53.4%.

Structure of commodity groups in the total export turnover to Belgium by the end of October. Photo: Customs Online

By the end of October, there were 4 groups of exports with a turnover of 100 million USD or more, including: seafood, textiles, footwear, iron and steel.

In which, footwear had the largest turnover with $891.8 million, up 11.32% over the same period last year.

Notably, iron and steel exports grew suddenly. Specifically, by the end of October, iron and steel exports to Belgium reached 716,733 tons, with a turnover of 848.9 million USD, an increase of nearly 10 times in volume and more than 16 times in turnover compared to the same period last year.

For textiles, the turnover reached more than 303 million USD, up 4.1%. Among the four main export commodity groups, seafood reached nearly 112 million USD, down slightly by 0.74%.

On the other hand, in the past 10 months, Vietnam spent $476.55 million importing goods from Belgium, up nearly 18.8% over the same period last year. The largest group of imported goods is pharmaceuticals with a turnover of 195 million USD, up 60%.

NDH