Thailand – big trade partner of Vietnam in ASEAN
Tuesday, August 22,2017AsemconnectVietnam - Thailand got surplus of nearly US$ 2 billion in trade exchange with Vietnam in the first seven months of 2017.
The bilateral trade exchange between Vietnam and Thailand is developing. Thailand has become the biggest trade partner of Vietnam in ASEAN with the two way trade in 2016 of $ 12.5 billion, up by 8.9 per cent compared with 2015 and nearly $ 7 billion in the first six months of this year, up by 22.5 per cent over the same period of 2016.
In the first seven months of this year, the bilateral trade exchange between Vietnam and Thailand totaled $ 7.3 billion. Of the figure, the country exported $ 2.6 billion worth of goods to, and imported $ 4.7 billion worth of goods from Thailand.
Cell phones and accessories were the leading item exported by the country to Thailand in the first seven months of this year with $ 627.7 million, up by 38.97 per cent. It was followed by computers, electronics and components - $ 289.1 million; up by 29.19 per cent; and crude oil - $ 234.3 million, up by 224.92 per cent.
Vietnam’s exports of goods to Thailand in the first 7 months of 2017 (Unit: US$ - source: the General Department of Customs)
Item
|
First 7 months of 2017
|
First 7 months of 2016
|
Comparison (%)
|
Total
|
2,644,149,380
|
2,083,133,800
|
26.93
|
Cell phones and accessories
|
627,779,731
|
451,731,898
|
38.97
|
Computers, electronics and components
|
289,102,170
|
223,781,460
|
29.19
|
Crude oil
|
234,377,710
|
72,133,480
|
224.92
|
Means of transport and spare parts
|
183,315,814
|
185,015,501
|
-0.92
|
Machines, equipment and spare parts
|
182,995,674
|
174,658,185
|
4.77
|
Seafood
|
137,482,956
|
132,182,393
|
4.01
|
Iron and steel products
|
85,467,223
|
70,513,968
|
21.21
|
Iron and steel of all kinds
|
82,162,894
|
66,075,923
|
24.35
|
Textiles and garments
|
57,084,167
|
47,072,203
|
21.27
|
Fibers of all kinds
|
49,109,146
|
37,165,190
|
32.14
|
Cashew nuts
|
48,857,687
|
41,443,597
|
17.89
|
Coffee
|
40,987,003
|
30,182,200
|
35.80
|
Other ordinary metals and products
|
38,741,791
|
17,801,725
|
117.63
|
Chemical products
|
32,573,509
|
30,301,152
|
7.50
|
Plastic products
|
29,147,666
|
26,667,385
|
9.30
|
Footwear of all kinds
|
26,678,823
|
22,249,011
|
19.91
|
Animal feed and materials
|
25,857,376
|
29,087,208
|
-11.10
|
Textile, garment, leather and footwear materials
|
25,004,038
|
23,129,273
|
8.11
|
Fruit and vegetables
|
23,633,999
|
23,701,622
|
-0.29
|
Electric wires and cables
|
23,004,336
|
13,969,005
|
64.68
|
Plastics
|
21,581,854
|
19,078,885
|
13.12
|
Ceramic and porcelain products
|
20,774,178
|
19,434,391
|
6.89
|
Pepper
|
20,715,781
|
20,760,402
|
-0.21
|
Petroleum of all kinds
|
20,353,263
|
52,089,025
|
-60.93
|
Technical cloth
|
18,991,130
|
10,096,597
|
88.09
|
Wood and furniture
|
12,126,753
|
11,560,522
|
4.90
|
Paper and products
|
12,058,511
|
4,903,860
|
145.90
|
Confectionery and grain products
|
10,806,346
|
10,378,415
|
4.12
|
Rubber products
|
9,774,594
|
5,616,348
|
74.04
|
Handbags, wallets, suitcases, hats and umbrellas
|
8,626,097
|
8,181,279
|
5.44
|
Chemicals
|
8,294,754
|
8,271,813
|
0.28
|
Coal
|
6,749,795
|
1,551,372
|
335.09
|
Fertilizer of all kinds
|
3,999,840
|
2,118,562
|
88.80
|
Glass and products
|
2,671,469
|
2,621,205
|
1.92
|
Precious stones, metals and products
|
1,373,803
|
1,172,059
|
17.21
|
Ores and minerals
|
55,700
|
89,679
|
-37.89
|
CK
Source: VITIC
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