Vietnam’s export to the nation expanded 4.5% while its import was up 376.1% year-on-year, said Counsellor Le Thai Hoa.
Vietnam’s import of Israeli computers, and electronic products and components of big values has a role to play in a trade deficit of US$19.62 million during the reviewed period.
In the two months, Vietnam shipped over US$6.24 million worth of tuna to Israel, making up 6.6% of the country’s turnover from its total export of the fish, and down 32% year-on-year.
Vietnam’s frozen cuttlefish export value to Israel was US$752,000, accounting for 1.14% of the total of the food, and up 335.6% compared with the same period last year.
Israel is one of Vietnam’s 10 biggest tuna and cuttlefish importers.
The office projected that during the first quarter of this year, Vietnam’s export value to Israel will excess US$163 million and its import value, about US$192 million.
