China represents Vietnam’s largest importer over nine months

VOV.VN - China has represented Vietnam’s largest importer over the past nine months, spending US$81.3 billion on imports, marking an increase of 41.1% year on year, according to figures released by the General Statistics Office (GSO).

The GSO reported on September 29 that the Republic of Korea ranked second with US$40.2 billion, up 21.6%, followed by ASEAN with US$30.7 billion, up 41.2%,  Japan with US$16.3 billion, up 11.6%, the European Union with US$12.6 billion, up 19%, and the United States with $11.7 billion, up 12.7%.

Overall, Vietnam’s nine-monthse import turnover rose by 30.5% annually to US$242.65 billion contributed by the foreign-invested sector (US$158.93 billion, up 33.6%) and the domestic sector (US$83.72 billion, up 25%)

A total of 36 import items recorded revenue of over US$1 billion each, accounting for 90.4% of the country’s total import turnover.

Meanwhile, Vietnam’s nine-month export turnover hit US$240.52 billion, an increase of 18.8% compared to the same period from last year.

As many as 31 export items recorded revenue of over US$1 billion each, making up 92% of the country’s total.

The US remained the largest export market for Vietnam during the past nine months, purchasing US$69.8 billion worth of Vietnamese goods, a rise of 27.6% year on year.

China came second with US$38.5 billion, up 18.3%, followed by the EU and ASEAN with US$28.8 billion and US$20.6 billion, increasing by 11.6% and 21.2%, respectively.

Related

National trade deficit with China stands at US$39 billion
National trade deficit with China stands at US$39 billion

VOV.VN - The initial eight months of the year saw the country’s trade deficit with China reach US$39 billion, a figure which is US$3.8 billion more than in the entirety of last year.

National trade deficit with China stands at US$39 billion

National trade deficit with China stands at US$39 billion

VOV.VN - The initial eight months of the year saw the country’s trade deficit with China reach US$39 billion, a figure which is US$3.8 billion more than in the entirety of last year.

Vietnamese farm produce favoured in China
Vietnamese farm produce favoured in China

Vietnamese food and farm produce have gained popularity in the Chinese market thanks to their quality and improved supplies, said deputy head of the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (VIETRADE) Le Hoang Tai.

Vietnamese farm produce favoured in China

Vietnamese farm produce favoured in China

Vietnamese food and farm produce have gained popularity in the Chinese market thanks to their quality and improved supplies, said deputy head of the Ministry of Industry and Trade’s Vietnam Trade Promotion Agency (VIETRADE) Le Hoang Tai.

China resumes importing Vietnamese dragon fruit, bananas
China resumes importing Vietnamese dragon fruit, bananas

VOV.VN - China has agreed to resume importing Vietnamese dragon fruit and bananas through the Kim Thanh International Border Gate in Lao Cai province following a hiatus due to COVID-19.

China resumes importing Vietnamese dragon fruit, bananas

China resumes importing Vietnamese dragon fruit, bananas

VOV.VN - China has agreed to resume importing Vietnamese dragon fruit and bananas through the Kim Thanh International Border Gate in Lao Cai province following a hiatus due to COVID-19.