Exports to Canada on the rise under CPTPP
2023-08-15 16:21Vietnam's exports of leather and textile products to Canada have increased significantly in the five years since the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) took effect, according to the Trade Office of Vietnam in Canada.
Vietnam exported $3.72 billion worth of products to Canada in the first five months of this year, a year-on-year increase of 3.2 per cent.
Leather and textiles were among the top four products recording the largest export volumes to the country.
Vietnam ranked second last year among leather and textiles exporters to Canada, earning total revenue of $832 million, for a market share of 26.5 per cent.
The value of leather and textiles exports to Canada has nearly doubled in the five-year period, said Ms. Tran Thu Quynh, Vietnamese Trade Counselor in Canada.