The bilateral trade exchange between Vietnam and China reached US$ 14.84 billion in the first two months of this year, showed the statistics figures of the General Department of Customs.
Of the figure, the country exported $ 5.67 billion worth of goods to; and imported $ 9.16 billion worth of goods from China, increased by 50.6 per cent and 20.4 per cent, respectively year – on – year. So in the first two months of this year, Vietnam got $ 3.49 billion of deficit in trade exchange with China.

Imports of goods from China: machines, equipment and spare parts were the leading
Machines, equipment and spare parts; telephones and components; computers, electronics and components were the three leading items imported from China with the import value of over $1 billion.
Machines, equipment and spare parts were leading in the list of items imported by the country from China in the first two months of this year with the import value of nearly $ 1.72 billion, up by 14.7 per cent year – on – year. It was followed by telephones and components with $ 1.42 billion, up by 40.6 per cent; and then computers, electronics and components - $ 1.05 billion, up by 7 per cent.
In the first two months of this year, Vietnam’s imports of cameras, camcorders and components from China increased sharply by 178.7 per cent to $ 134.35 million.

Meanwhile, the imports of petroleum from China also increased by 110.6 per cent year – on – year in the first two months of this year to $ 139.37 million; household appliances – up by 94.9 per cent to $ 82.91 million; coal – up by 80.8 per cent to $ 34.59 million; animal feed and materials – up b 78.9 per cent to $ 37.05 million; cotton – up by 77.8 per cent to $ 0.21 million.
However, the imports of CBU autos from China in the first two months of this year fell sharply by 85.8 per cent to $ 2.44 million; tobacco materials – down by 49.4 per cent to $ 8.42 million; fertilizer – down by 44.5 per cent to $ 41.43 million; pharmaceuticals – down by 43.5 per cent to $ 5.08 million.

Exports to China increased sharply
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.

Exports to China increased sharply in first month of 2018
Vietnam’s exports of goods to China saw sharp increase in the first month of this year. The country’s exports of several items to China saw increases, especially telephones and components.
Concretely, the country exported US$ 3.71 billion worth of goods to China in the first month of this year, increased sharply by over 105 per cent or over $ 1.9 billion over the same period last year, showed the statistics figures of the General Department of Customs.
China was the biggest export market of telephones and components of Vietnam in the first month of this year with 22.7 per cent of the total market share.
The exports of telephones and components to China in the first month of this year increased by over 20 folds compared with the same period last year but decreased by 46.8 per cent over the previous month to $ 894.58 million.
However, the figure was down by 46.8 per cent over the previous month.
It was followed by computers, electronics and components with $ 691.59 million, up by 89.3 per cent; fruits and vegetables - $ 296.26 million, up by 70 per cent; fibers of all kinds - $ 183.81 million, up by 66 per cent; cameras, camcorders and components - $ 287.91 million, up by 79.7 per cent.

Besides telephones and components, in the first month of this year, the country’s exports of plastics to China were up by 306.5 per cent to $ 38.33 million; petroleum – up by 276.8 per cent to $ 43.06 million; plastic products – up by 247.3 per cent to $ 10.83 million; animal feed and materials – up by 212.7 per cent to $ 14.78 million; ores and minerals – up by 173 per cent to $ 6.82 million.
However, the exports of glass and products to China decreased sharply by 73.9 per cent to $ 1.92 million; crude oil – down by 37.2 per cent to $ 57.78 million; rubber – down by 14 per cent to $ 108.83 million.

Exports of fruits and vegetables to China saw growth
Vietnam’s exports of fruits and vegetables reached US$ 649.6 million in the first two months of this year, increased sharply by 54.3 per cent over the same period last year, showed the statistics figures of the General Department of Customs.
China was the country’s biggest fruit and vegetable export market in the period with $ 502.06 million, up by 62 per cent year – on – year and accounted for 77.3 per cent of the total market share.

It was followed by the South East Asian countries with $ 28.18 million, up by 20.2 per cent; the U.S - $ 18.48 million, up by 23.9 per cent; Japan - $ 17.47 million, up by 38 per cent; EU - $ 14.88 per cent, up by 30.7 per cent; and South Korea - $ 13.17 million, up by 4.7 per cent.
In the first two months of this year, the country’s exports of fruits and vegetables to Kuwait increased sharply by 223.5 per cent to $ 0.44 million; to Cambodia – up by 154.2 per cent to $ 0.27 million; to Italy – up by 80.7 per cent to $ 0.5 million; and to France – up by 5.4 per cent to $ 3.87 million.

However, the exports of fruits and vegetables to Indonesia decreased by 70 per cent to $ 0.09 million; to Britain – down by 23 per cent to $ 0.76 million; to Russia – down by 21.7 per cent to $ 4.64 million; and to Hong Kong – down by 5.1 per cent to $ 2.71 million.