AsemconnectVietnam - According to the statistics figures of the General Department of Customs, the export turnover of Vietnamese goods to the Chinese market in July of 2023 reached more than 4.56 billion USD, down by 18.4% compared to the previous month.

Generally, in the first 7 months of this year, the country’s exports to China reached 30.8 billion USD, up by 2.4% over the same period last year.
In July of 2023, the country’s exports of group of computers, electronic products and components reached 1.4 billion USD, down by 6.2% compared to the previous month. In the first 7 months of this year, the figure reached 7.5 billion USD, up by 13.6%, accounting for 24.4% of the total export proportion. The next was the group of phones and components with more than 7.1 billion USD in the first 7 months, accounting for 23.3% of the export proportion.
The product groups with export turnover growing in the first 7 months of 2023 compared to the same period last year included fruits and vegetables increased by 128.5%; rice by 70.3%; cashew nuts up by 33.3%; paper and paper products increased by 100.1%; gasoline increased by 48%; coal of all kinds increased by 159.3%.
China is the main consumption market of many export industries of our country. Therefore, China's reopening of the market from the beginning of 2023 brings great expectations for businesses and industries, especially vegetables and fruits, seafood, fiber, cement, rubber, steel, and textiles and garment, rice, etc.
In fact, from the beginning of December of 2022, China has begun to gradually relax measures to prevent and control Covid-19 and fully opened the economy in the second quarter of 2023. Overall, this had a positive impact on the operations of many Vietnamese businesses.
CK
Source: VITIC