Vietnam’s trade exchange with Asian and African regions in 2017
Friday, January 19,2018AsemconnectVietnam - Last year, Vietnam’s trade exchange with the Asian and African countries was estimated at US$ 290.5 billion, increased by 23.96 per cent over the year of 2016 and accounted for 70.45 per cent of the country’s total trade exchange with the countries all over the world.
The imports of goods from the Asian and African countries reached $ 173.69 billion last year, up by 23.63 per cent compared with 2016 and accounted for 85.45 per cent of the country’s total imports from countries all over the world.
Vietnam’s trade exchange with the Asian and African countries
|
Estimate for 2017(US$ billion)
|
Comparison vs. 2016
|
Exports
|
116.81
|
28.58%
|
Imports
|
173.69
|
23.63%
|
Total trade exchange
|
290.5
|
23.69%
|
Trade deficit
|
56.88
|
8%
|
- Trade exchange with the Asian countries:
Of the figure, the country exported $ 110.96 billion worth of goods to, and imported $ 168.66 billion worth of goods from the Asian countries, increased by 29.9 per cent and 20.7 per cent respectively year – on – year. The country got $ 57.7 billion of deficit in trade exchange with the Asian countries.
- Trade exchange with the African countries:
- Trade exchange with the Oceania countries (Australia and New Zealand):
Export markets
Western Asian markets: The country’s exports of goods to the U.A.E were estimated at $ 5.2 billion, up by 3.54 per cent; to Turkey - $ 1.9 billion, up by 42 per cent; Israel - $ 712.6 million, up by 28.6 per cent.
South Asian markets: The country’s exports of goods to India were estimated at $ 3.7 billion, up by 36.8 per cent; to Bangladesh - $ 864.3 billion, up by 55.8 per cent.
Oceania markets: The country’s exports of goods to Australia were estimated at $ 3.2 billion, up by 12.8 per cent; to New Zealand - $ 462.7 billion, up by 28.6 per cent.
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