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The demand for Russian rubber imports from Vietnam is forecast to increase sharply in the near future. (Photo: VNA)Specifically, Vietnam’s export turnover to Russia in the 11 months reached 2.92 billion USD, up 10.62%, accounting for 0.97% of the total.Items with the largest proportion in Vietnam’s exports to the market include: phones and components (accounting for 33.48% of total); computers, electronic products and components (13.28%), and textiles (10.55%).Compared to the same period last year, items with a high increase in export turnover include: rubber, up 323.75%; other machinery, equipment, tools and spare parts, up 80.54%; cashew nuts, up 69.73%; and pepper, up 49.63%.However, some items saw a decrease in export turnover, such as tea, rice, wood and wood products, footwear, and iron and steel.According to statistics of Russian Customs, bilateral trade between two countries in Jan-Oct 2021 reached an estimated 5.62 billion USD, accounting for 0.9% of the total, up 23% yea

Republic ofRussian customsSoutheast asianPlenty of room remains for vietnamese exports to russia