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Vietnam’s exports to Spain record sharp rise in October

Vietnam’s exports to Spain reached US$354.96 million in October, marking an 11.12 percent increase compared to September, according to Vietnam’s General Department of Customs. Year-to-date exports have now reached US$3.41 billion.

Key export categories saw significant growth. Bamboo and rattan products surged by 60.27 percent to US$2.67 million. Computers, electrical products, and spare parts increased by 47.21 percent to US$18.86 million. Iron and steel exports grew by 54.38 percent, reaching US$58.41 million. Plastic products rose by 39.14 percent to US$3.53 million, while footwear exports increased by 33.45 percent to US$44.11 million.

Exceptional growth was observed in precious stones, precious metals, and articles, which surged by 305.32 percent to US$0.50 million. Rice exports also grew significantly, increasing by 118.11 percent to US$0.26 million.

Conversely, some categories experienced declines. Textiles and garments fell by 20.70 percent to US$52.90 million, while rubber exports dropped by 41.12 percent to US$2.06 million. Exports of toys and sports requisites decreased sharply by 58.70 percent to US$1.34 million.

The robust growth in exports to Spain, particularly in key sectors such as iron and steel, computers, and footwear, highlights Vietnam’s strengthening trade ties with Spain, despite declines in certain product categories.

See also: Trade in Vietnam

Vietnam’s exports to Spain, October vs. September 2024, US$

OctoberSeptemberMoMYTD
Total354,964,150319,439,97511.12%3,407,363,572
Bamboo and rattan products2,674,4061,668,73660.27%30,788,255
Cashew nut7,051,9034,767,31647.92%64,111,784
Ceramic products446,600328,58135.92%2,826,735
Coffee28,346,52834,194,185-17.10%368,054,958
Computers, electrical products, spare-parts and18,860,58212,812,45047.21%137,963,863
Fishery products6,669,5166,507,0392.50%62,205,722
Foot-wears44,107,77133,051,08633.45%421,871,985
Handbags, purses, suit-cases, headgear and5,675,3064,348,91530.50%57,349,712
Iron and steel58,409,55137,835,02154.38%492,745,756
Iron and steel products2,724,0692,404,81213.28%21,351,204
Machine, equipment, tools and instruments12,925,17616,491,083-21.62%163,509,623
Other means of transportation, parts and4,424,7205,427,028-18.47%64,261,023
Other products46,859,84733,376,86240.40%358,564,384
Pepper1,958,981951,018105.99%16,427,192
Plastic products3,531,5792,538,16739.14%28,504,820
Precious stones, precious metal and articles502,810124,053305.32%2,573,343
Rice262,258120,242118.11%1,605,538
Rubber2,055,1713,490,429-41.12%16,566,600
Rubber products2,200,849931,412136.29%15,292,160
Telephones, mobile phones and parts thereof45,692,49844,112,8223.58%449,388,373
Textile, leather and foot-wear materials and838,947678,19423.70%5,623,820
Textiles and garments52,896,23866,705,929-20.70%507,164,360
Toys and sports requisites; parts and accessories1,344,2823,255,165-58.70%70,783,918
Wood and wooden products4,504,5603,319,42935.70%47,828,445
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