Currently, Việt Nam is Canada's largest trading partner in ASEAN and this country's seventh largest import partner after the US, mainland China, South Korea, Japan, the Netherlands and Hong Kong. Statistics compiled by the Việt Nam Customs and the Việt Nam Trade Office in Canada indicated that Vietnamese exports to Canada dropped by 11.3 per cent to over US$5.6 billion compared to the same period last year. Meanwhile, Canada exported goods worth $620 million to the Vietnamese market last year, down 12.7 per cent on-year. According to the office, Vietnamese items that would see good export growth included footwear, leather products and hats. In addition, it would also concentrate on supporting Vietnamese micro and small food producers to participate in trade fairs in Canada while promoting their cooperation with overseas Vietnamese businesses.

Source: Viet Nam News February 12, 2024 04:36 UTC