Trade with Chile up 38% in first half
Bilateral trade with Chile increased 38 per cent in the first six months of the year to a value of over US$321 million, according to the Chilean Trade Promotion Agency.
During the period, the agency said, imports from Chile climbed 41 per cent year-on-year to $238.8 million, while export value stood at $82.6 million, an increase of 29 per cent. Major exports to Chile include footwear, cement, coffee, garments and tra fish.
Bilateral trade is expected to reach $1 billion in the next three years as the Viet Nam-Chile Free Trade Agreement takes effect, said agency director Felix de Vincente.
Bilateral trade also jumped by over 50 per cent in 2011 to nearly $487 million
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