Vietnam-China trade exceeds US$122 bln in five months
VOV.VN - Trade between Vietnam and China maintained strong growth over the five-month period of 2026, reaching nearly US$122.7 billion and helping lift Vietnam’s total import-export turnover to nearly US$500 billion.
According to Vietnam’s Import-Export Department under the Ministry of Industry and Trade, exports to China hit US$30.10 billion in the January-May period, up 28.2% year-on-year, while imports from the neighboring country’s market rose 33.6% to US$92.57 billion. Vietnam recorded a trade deficit of about US$62.46 billion with China throughout the reviewed period.
Exports to China posted strong growth in both manufactured goods and agro-forestry-fishery products. Key export items included computers and electronic products, phones, machinery, fruit and vegetables, seafood, and wood products.
On the import side, goods from China remained concentrated in raw materials, electronic components, machinery and other production inputs. Notably, imports of computers, electronic products and components surged 65.4%, while auto parts and fully built-up vehicle imports also recorded strong growth, reflecting the rising presence of Chinese cars and electric vehicles in the Vietnamese market.
In 2025, bilateral trade between the two nations stood at about US$252 billion, up 26.5% from a year earlier, reaffirming China as Vietnam’s largest trading partner.