Trade indicators rise after WTO access
 Viet Nam's rankings o­n export and import turnover have risen sharply since its access to WTO, according to the General Department of Customs.

 

Specifically, WTO figures showed that Viet Nam's export and import turnover respectively ranked the 48th and 43rd in 2002.

 

However, in 2012, the country's export turnover ranking climbed to 37th among countries and territories around the world, while its import turnover jumped by 9 rankings to 34th place.

 

The General Department of Customs reported that Viet Nam's total commodity export and import value in 2007 was US$26.52 billion, up 31.3% from 2006.

 

After six years as a WTO member, Viet Nam's commodity trade in 2012 reached US$228.31 billion, a double increase from the implemented result of 2007. Previously, its commodity imports hit US$200 billion in late 2011.

 

Source VGP

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