Tea exports to the Indian market increased sharply

Vietnam exported to India 28 kinds of goods, including electronic products are the main products, accounting for 15.1% of total turnover, reaching 212.2 million, up 122.4% , The second largest in terms of turnover was telephone and components, accounting for 14.9% market share, reaching USD 209.4 million, up 43.41%, followed by metal and products up to 184.6 million. USD, up 83.76% over the same period.
In addition to these three major items, Vietnam also exports to India other items such as machinery and equipment, textile fibers, steel, coffee, rubber, etc.
In particular, tea exports to India during this period increased sharply in turnover over the same period last year, more than 15.9 times (an increase of 1491.03%). In addition, steel exports to India this time also had a strong increase, up 807.95%, although turnover reached only 3.6 million.
In general, in the first five months of 2017, exports to the Indian market were found to have a positive growth rate of 75% and vice versa, with the rate of decline only 25%.
Apart from tea products, the growth rate was strong. There were also some other items with relatively high growth rate such as: computers, electronic products up 122.4%; Textiles increased 60.63% and plastic products increased 50.13%.
However, bamboo rattan and carpet exports to India declined sharply, down 91.09 percent, to $ 88.1 thousand.
Notably, in the five months of 2017 exports to the Indian market added more coal products, turnover reached 2.8 million USD with 16.8 thousand tons.