Over $US 66 billion worth of imported goods from China and Korea

Chart 3 showed the largest imported products from China, the unit "billions of dollars". Source: T.Bình

According to the General Department of Customs, through to October 2016, total export turnover value from China was $US 40.238 billion, while from Korea was $US 26 billion. These two markets continue to be the largest import markets of Vietnam.

With total value of turnover reached $US 66.238 billion, these above markets accounted for more than 47% of the total value of export turnover of the country to October (the country imported $US 140.655 billion).

Notably, while export turnover from China fell over the same period, the exported goods from Korea to Vietnam still maintained growth.

Chart 3 showed the largest imported products from South Korea, the unit "billions of dollars". Source: T.Bình

Specifically, compared with the same period in 2015, export turnover from China fell $US 576 million (equivalent to approximately 1.4%), while export turnover from Korea increased by $US 2.734 billion (equivalent to 11, 75%).

By the end of October, there were 8 imported products from China which reached $US 1 billion. The largest is machinery, equipment, tools and spare parts reaching $US 7.346 billion; next is telephones and components reaching $US 4.917 billion; computers, electronic products and components reached $US 4.761 billion, etc.

On the other hand, Korea supplied 5 groups of goods worth up to $US 1 billion. On the top are computers, electronic products and components which reached $US 7.258 billion; next are machinery, equipment, tools and accessories that reached $US 4.52 billion; phones was $US 3,035 billion, etc.