Last year, the bilateral trade exchange between Vietnam and Malaysia increased by 19.1 per cent year – on – year to US$ 10.07 billion, showed the statistics figures of the General Department of Customs.

Of the figure, the exports of goods to Malaysia increased by nearly 26 per cent to $ 4.21 billion; and the imports of goods from Malaysia increased by 13.3 per cent to $ 5.86 billion. 

Computers, electronics and components were leading the list of 39 major items exported by the country to Malaysia last year with the export turnover of $ 1.12 billion, up by 30.2 per cent year – on - year and accounted for 26.5 per cent of the total. It was followed by telephones and components with $ 593.42 million, up by 33.8 per cent; and then iron and steel with $ 244.32 million, up by 112.4 per cent; crude oil - $ 222.14 million, up by 18.2 per cent; rice - $ 210.01 million, up by 79.4 per cent; glass and products - $ 197.43 million, up by 23.6 per cent year – on - year.

 

In 2017, the country’s exports of petroleum to Malaysia increased sharply by 154 per cent to $ 49.48 million; while the exports of coal to Malaysia reached $ 39.85 million, up by 140.4 per cent; rubber products - $ 11.89 million, up by 114 per cent; iron and steel of all kinds - $ 244.321 million, up by 112.4 per cent; chemicals - $ 7.11 million, up by 101.7 per cent; rice - $ 210.01 million, up by 79.4 per cent.

However, the country’s exports of pepper to Malaysia decreased by 37.5 per cent to $ 7.66 million; ordinary metals – down by 30.6 per cent to $ 25.71 million; and iron and steel products – down by 27.1 per cent to $ 28.57 million.