Import and export of Vietnam - China reaches US$162 billion
Sketched by T.Bình |
According to the General Department of Vietnam Customs, US$162.06 billion is the total import and export turnover between Vietnam and China by the end of November.
Accordingly, Vietnam's exports reached nearly US$52.6 billion, rising nearly 5% over the same period last year, equivalent to nearly US$2.5 billion in turnover.
On the other hand, Vietnam's imports were US$109.46 billion, growing 10.12%, equivalent to a turnover of more than US$10 billion.
Currently, China is Vietnam's largest trading partner, in the past 11 months, this market accounted for 24% of the total import and export turnover of Vietnam.
With the above position, the import and export goods between the two countries are diverse and abundant. In particular, many groups reached US$1 billion or more.
Main export goods of Vietnam have included phones and components; computers, electronic products and components; cameras; devices; vegetables; seafood; and rubber.
Meanwhile, Vietnam imports from China many commodity groups such as computers, electronic products and components; machinery, equipment, tools and spare parts; textile raw materials, and leather shoes.
Notably, Vietnam's trade deficit is still very large which reaches nearly US$57 billion.
Related News
Promoting Vietnam-Laos Customs cooperation
09:44 | 21/11/2024 Customs
Vietnam’s exports to the U.S. near US$100 billion milestone
09:46 | 21/11/2024 Import-Export
Fireworks, firecrackers "hot" again
09:32 | 22/11/2024 Anti-Smuggling
U.S. Treasury continues to affirm Vietnam does not manipulate currency
13:46 | 19/11/2024 Finance
Latest News
Accelerating investment to meet "green" standards
09:02 | 24/11/2024 Import-Export
US initiates investigation into pharmaceutical capsule shells imported from Việt Nam
17:50 | 23/11/2024 Import-Export
UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion
17:47 | 23/11/2024 Import-Export
Agricultural, forestry and fishery trade surplus value shoots up
10:54 | 23/11/2024 Import-Export
More News
New export and business cooperation opportunities from "dual conversion"
10:53 | 23/11/2024 Import-Export
VN's food processing industry struggles to improve quality and value chain integration
15:53 | 22/11/2024 Import-Export
Approach strategy of the seafood industry when implementing UKVFTA
09:26 | 22/11/2024 Import-Export
Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth
09:25 | 22/11/2024 Import-Export
Vietnamese enterprises facing challenges from cross-border e-commerce platforms
14:32 | 21/11/2024 Import-Export
Vietnam, Malaysia eye new milestone in trade ties
14:29 | 21/11/2024 Import-Export
Shrimp exports surge in 10 months, generating 3.2 billion USD
14:27 | 21/11/2024 Import-Export
From the “abnormal” coffee price, worries about the new crop
09:46 | 21/11/2024 Import-Export
What obstacles limit the market share of Vietnamese goods in the UK?
14:49 | 20/11/2024 Import-Export
Your care
Accelerating investment to meet "green" standards
09:02 | 24/11/2024 Import-Export
US initiates investigation into pharmaceutical capsule shells imported from Việt Nam
17:50 | 23/11/2024 Import-Export
UKVFTA gives advantages to Vietnamese fishery products in the UK, urging focus on quality for further expansion
17:47 | 23/11/2024 Import-Export
Agricultural, forestry and fishery trade surplus value shoots up
10:54 | 23/11/2024 Import-Export
New export and business cooperation opportunities from "dual conversion"
10:53 | 23/11/2024 Import-Export