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Exports to China increased over 50% in two months 

 Monday, March 26,2018

AsemconnectVietnam - Vietnam’s exports of goods to China reached US$ 5.67 billion in the first two months of this year, increased sharply by 50.6 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

In February only, the country’s exports of goods to China increased 45.8 per cent month – on – month to $ 2.1 billion. The figure was up by 2.6 per cent over the same month of last year.

In the first two months of this year, Vietnam’s exports of telephones and components to China rocketed by over 13 folds year – on – year to $ 1.22 billion. Meanwhile, the exports of computers, electronics and components to China increased by 37.7 per cent to $ 1.14 billion; fruits and vegetables - $ 502.06 million, up by 62 per cent; cameras, camcorders and components - $ 287.68 million, up by 11.4 per cent; footwear of all kinds - $ 226.53 million, up by 29.5 per cent. 

In the first two months of this year, Vietnam’s exports of paper and products to China increased sharply by 253.3 per cent to $ 12.32 million; plastic products – up by 168.4 per cent to $ 16.24 million; plastics – up by 162 per cent to $ 59.9 million; petroleum – up by 107.7 per cent to $ 62.6 million.

However, the exports of glass and products to China decreased by 67.2 per cent to $ 4.21 million; crude oil – down by 48 per cent; and rubber – down by 42 per cent.

Vietnam’s exports of goods to China in the first 2 months of 2018 - S
ource: VITIC – according to the figures of the General Department of Customs - Unit: US$
Market
February of 2018
February of 2018 vs. January of 2018 (+/- %)
First 2 months of 2018
First 2 months of 2018 vs. same period of 2017 (+/- %)
Total
2,010,808,226
-45.77
5,673,984,640
50.62
Telephones and components
324,144,005
-63.77
1,218,612,064
1.235.02
Computers, electronics and components
445,368,436
-35.6
1,136,934,709
37.72
Fruits and vegetables
206,953,661
-30.14
502,057,431
62
Cameras, camcorders and components
113,368,614
-60.62
401,280,104
31.32
Fibers of all kinds
103,992,990
-43.42
287,678,216
11.35
Footwear of all kinds
97,060,687
-25.08
226,529,883
29.5
Machines, equipment and spare parts
91,947,829
-24.37
213,498,757
-6.97
Textiles and garments
68,385,405
-37.1
176,901,979
44.82
Wood and furniture
66,593,495
-36.06
170,140,312
4.73
Cassava and products
47,997,886
-57.55
161,040,523
8.49
Rubber
37,436,537
-65.6
145,742,840
-41.8
Seafood
38,472,307
-48.26
111,459,126
26.93
Electric wires and cables
35,496,946
-45.04
100,088,415
84.11
Rice
43,487,643
-22.63
99,693,314
-11.59
Crude oil
60,666,364
5
97,130,370
-48.23
Cashew nuts
17,307,516
-72.41
79,583,709
53.17
Petroleum of all kinds
34,183,504
-20.61
62,597,288
107.66
Plastics
21,573,025
-43.72
59,903,455
162.09
Chemicals
20,864,845
-39.31
55,244,868
78
Means of transport and spare parts
17,006,668
-25.93
39,966,911
12.25
Textile, garment, leather and footwear materials
15,367,276
-1.61
30,979,502
2.63
Cement and clinker
7,820,000
-67.36
29,929,589
 
Other ordinary metals and products
6,428,689
-51.44
19,662,790
85.6
Handbags, wallets, suitcases, hats and umbrellas
6,473,347
-43.41
17,910,164
-11.37
Animal feed and materials
2,993,898
-79.74
17,579,153
28.05
Chemical products
7,545,254
-19.13
16,874,966
51.73
Plastic products
5,436,382
-49.79
16,240,215
168.35
Coffee
5,275,860
-35.92
13,364,890
-1.97
Paper and products
9,040,980
175.31
12,324,921
253.28
Rubber products
3,018,021
-65.26
11,705,081
33.78
Confectionery and grain products
4,487,404
-36.72
11,415,505
0.33
Ores and minerals
1,656,300
-75.71
8,369,527
25.07
Iron and steel products
3,786,526
-1.1
7,614,984
22.13
Glass and products
2,285,866
19.1
4,205,077
-67.24
Toys, sports equipment and spare parts
1,500,007
-43.42
4,151,212
12.2
Iron and steel of all kinds
1,205,689
-43.99
3,358,171
3.14
Technical fabrics
888,525
-15.73
1,942,902
-10.21
Tea
464,487
-63.72
1,744,850
43.45
Non – wooden furniture
671,691
-32.76
1,670,604
19.36
Bamboo, rattan, sedge and carpet products
343,325
-64
1,296,960
36.73
Ceramic and porcelain products
207,681
-66.21
822,249
54.35
CK
Source: VITIC

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