Phone exports to Israel increase sharply

Exports of telephones and components from Việt Nam to Israel hit US$ 三 九. 三 million in February, a month-on-month surge of  九 一. 九 per cent. — VNA/VNS Photo

HÀ NỘI — Exports of telephones and components from Việt Nam to Israel hit US$ 三 九. 三 million in February, a month-on-month surge of  九 一. 九 per cent.

The total export turnover of Việt Nam to Israel in February increased  八. 一 五 per cent compared to the previous month to reach $ 五 四. 五 million.

The export turnover to this market in the first two months of this year reached $ 一0 四. 四 million, declining  一 一. 七 三 per cent compared to the same period last year.

In particular, the exports of telephones and components accounted for a large proportion, up to  五 七. 九 per cent of the total export turnover in the first two months of the year, reaching $ 五 九. 九 million.

The Việt Nam Trade Information Centre under the Ministry of Industry and Trade said that Israel was a small market with just  八. 五 million people, but the country had a high per capita income (up to $ 四 二,000 per person per year on average).

Two-way trade turnover between Việt Nam and Israel has grown steadily over the years and has reached over $ 一 billion per year and is expected to reach the target of $ 三 billion in the future.

In addition to phones and components, agricultural products are strong points for Việt Nam in this market, including seafood, cashew nuts, coffee and shoes. — VNS