Iron and steel exports to Germany saw significant increases in volume and value in the first quarter of this year, according to preliminary statistics from the General Department of Vietnam Customs.

Illustrative image (Photo: VNA) 

Iron and steel export volume hit 858 tonnes, up 17-fold, while value surged 18 times annually to US$1.27 million. 

 Vietnam’s total exports to Germany, one of the country’s major markets in the European Union, reached US$648.61 million in March, up 24.93% month-on-month, and raising the first quarter figure to US$1.68 billion, up 1.87% against the same period last year. 

 Toys and sports equipment raked in US$15.8 million in March, soaring 221.79%, bringing the first-quarter figure to US$25.9 million, up 136.9%.