Total trade turnover between the two countries in 2024 will reach more than SGD 31.67 billion, an increase of 9.49% compared to 2023.
Total trade turnover between the two countries in 2024 will reach more than SGD 31.67 billion, an increase of 9.49% compared to 2023.
According to the Vietnam Trade Office in Singapore, 2024 witnessed impressive growth in Vietnam's exports to Singapore with 10/12 months having growth rates of over 15%. This was the main factor leading to the total two-way trade turnover reaching 31.67 billion SGD, the largest ever.
In 2024, Vietnam also recorded strong growth in key export product groups to Singapore. Notable product groups include: Machinery, equipment, mobile phones, components and spare parts; reactors, boilers, machine tools; glass and glass products; agricultural products, etc.
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Nguyen Thanh
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Source: https://congthuong.vn/infographic-hop-tac-thuong-mai-giua-viet-nam-va-singapore-377450.html
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