Topic: bilateral trade

Vietnam currently ranks 15th out of Singapore's 20 largest import partners and is Singapore's 8th largest export market.

In 2024, trade between Vietnam and the UK reached $8.4 billion, an increase of 18% compared to 2023.

Two-way trade turnover reaching $2 bln in 2024.

Two-way trade turnover hitting over $3.2 bln in 2024.

From 2021 to 2024, Vietnam's trade deficit has narrowed significantly due to higher export growth compared to import growth, particularly in 2023 and 2024.

Their total import-export turnover with Vietnam is estimated to reach $519.7 billion, accounting for 66.3% of Vietnam's total import-export turnover with the world.

Rice is the key contributor to the remarkable growth in Vietnam's export turnover to the Philippines in the first 11 months of 2024.

Cambodia is currently one of the promising markets in the ASEAN region, with rapid digital transformation and e-commerce development.

Cambodia is currently one of the promising markets in the ASEAN region, with rapid digital transformation and e-commerce development.

Strong growth was observed in various sectors, including fruits and vegetables, and seafood.