China remains biggest trade partner of Vietnam
VOV.VN - China remained the top trading partner of Vietnam with the value of US$32.76 billion during the first five months of this year, up by 23.6% the same period last year, according to the General Department of Vietnam Customs.
Many export products to China obtained high consumer growth, for example, footwear (up by 19.1%), machines, equipment and tools (up by 84.5%) and seafood (up by 38.1%).
Particularly, China was the largest importer of Vietnamese fruit and vegetables valued at US$1.06 billion (up by 51%), which accounted for 75% of the country’s total exports.
In the same time, only three out of the top ten trading partners of Vietnam witnessed trade surplus, of which Vietnam obtained US$12.07 billion trade surplus from the US, US$10.03 billion from the EU and US$152 million from Japan.