Exports to China: several items saw growth
Saturday, February 17,2018AsemconnectVietnam - The two way trade exchange between Vietnam and China reached US$ 93.69 billion in last year, increased by $ 21.79 billion compared with 2016, according to the statistics figures of the General Department of Customs.
Exports of several items to China saw sharp increase
Last year, the country’s exports of paper and products to China increased sharply by 24 times to $ 113.98 million; cement and clinker – up by 55 times to $ 47.61 million; telephones and components – up by 8 times to $ 7.15 billion; chemicals – up by 96 per cent to $ 193.75 million.
Vietnam’s imports of textile and garment materials from China increased slightly
In 2017, China was the country’s biggest import markets of textile and garment materials with the import value of nearly $ 2.05 billion, up by 9.7 per cent year – on – year. Meanwhile, the imports from South Korea reached $ 753.27 million, down by 4.7 per cent; from Taiwan - $ 482.81 million, up by 3 per cent; and from the U.S - $ 356.02 million, up by 23.4 per cent.
Last year, the country’s imports of textile, garment, leather and footwear materials from EU reached $ 312.63 million, up by 6.4 per cent year – on – year and accounted for 5.8 per cent of the total, while the imports from the South East Asian countries reached $ 308.26 million, up by 10.8 per cent.
Meanwhile, the imports from Canada, New Zealand, Australia and the Netherlands decreased by 26.4 per cent; 22.4 per cent; 21.9 per cent and 21.4 per cent, respectively year – on – year.
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