In the first three months of this year, Vietnam’s exports to China increased sharply, as the figure was up by over 50 per cent year – on – year in the first two months of this year.

US$ 8.2 billion worth of goods exported to China in the first quarter
Vietnam exported US$ 8.2 billion worth of goods to China in the first three months of this year, increased sharply by 33.12 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

In March only, the country earned $ 2.6 billion from exports to China, up by 30.06 per cent month – on – month.
Computers, electronics and components were the leading items exported by the country to China in the first quarter of this year with the export turnover of $ 1.7 billion, up by 26.93 per cent year – on – year. It was followed by telephones and components with $ 1.4 billion, up by 477.51 per cent; and fruits and vegetables - $ 726.6 million, up by 41.93 per cent.

In the first three months of this year, Vietnam’s exports of paper and products to China increased by over 6 times compared with the same period last year to $ 37.4 million; while the exports of plastics and plastic materials to China increased by 184.13 per cent and 137.08 per cent, respectively.

However, in the period, the country’s exports of crude oil to China decreased by 56.59 per cent; and the exports of glass and products – decreased by 55.71 per cent.

Exports to China saw incredible growth in first two months
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.
CK
Source: VITIC