Two-way trade turnover between Vietnam and the UK reached US$4.37 billion in 2012, jumping 35.5% from a year earlier, according to the Vietnamese Embassy and Commercial Affair Office in the UK.
In January 2013, bilateral trade volume picked up sharply by 6.7% against the same period last year to around US$484 million.
Vietnam pocketed US$3.9 billion from shipping goods to the UK, up 44.3% against 2011. The country’s major exports included electric devices, footwear, mechanical equipment, garments, furniture, coffee, tea, plastic and leather products.
Meanwhile, Vietnam’s import volume valued US$467.47 million, down 11.3% from the previous year. The country chiefly imported chemicals, mechanic machines, pharmaceutical products, feed, and rubber products from Britain.
Vietnam was the 43rd largest trade partner of the UK out of 235 worldwide and accounted for 0.34% of market shares between the UK and the rest of the world.