Vietnam-Asia trade nears US$475.3 billion in 2022

VOV.VN - The nation’s merchandise trade with Asia hit US$475.29 billion in 2022, expanding by 9.6% compared to 2021 and accounting for the highest proportion, 65.1%, in the country's total import-export value.

Last year witnessed Vietnamese exports to other Asian countries hit US$177.26 billion, up 9.5% year-on-year. In addition, the country’s imports from other Asian nations reached US$298.03 billion, up 9.6%.

The country saw a trade deficit only with Asia among the five continents.

Major Vietnamese trade partners in Asia include China, the Republic of Korea, Japan, and ASEAN.
According to preliminary statistics of the General Department of Customs, the country’s total import-export value of goods stood at US$730.2 billion last year, up 9.1% compared to 2021. 

The value of imports and exports between the nation and the Americas, Europe, Oceania, and Africa was US$153.73 billion, up 10.5%, US$75.45 billion, up 2.8%, US$17.62 billion, up 24.3%, and US$8.1 billion, down 3.9%, respectively.

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