Exports to Algeria up 16%

Vietnam exports to Algeria in 2016 increased by 16% to US$271.42 million against the previous year, according to Vietnam Customs.

Main export items included coffee (64,050 tons valued at US$112.96 million), telephones and components (down 26% to US$76.86 million), and rice (40,097 tons worth US$15.36 million).

The export products that obtained a growth were pepper, steel, seafood, computers, electronics and components, machines, equipment and tools.

The achievements were attributed to diverse trade promotion activities organized by relevant agencies last year.

The Vietnam Trade Office in Algeria held five trade promotion workshops introducing import-export potentials of both countries. It also supported Vietnam business people to attend fairs and exhibitions in Algeria.

The Ministry of Industry and Trade conducted working visits to Algeria for Vietnamese policy and market researchers to discuss measures to further promote trade in 2017 and coming years.

A series of trade events will be held this year to mark the 55th anniversary of diplomatic ties. A Vietnamese business delegation will attend the Alger International Fair and four trade and economic cooperation workshops will be held on this occasion.

Algeria is currently the fourth largest importer of Vietnam products in Africa, trailed by South Africa, Ghana and Egypt.

VOV

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