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Vietnam - China trade reached more than 122 billion USD 

 Friday, October 20,2023

AsemconnectVietnam - China maintained its position as Vietnam's largest trading partner, accounting for 24.6% of the country's total import-export turnover by the end of September.

According to the preliminary statistics figures just announced by the General Department of Customs, in September of this year, Vietnam's exports to China reached 6.25 billion USD, up by 8.1% over the previous month and up by nearly 11.8% compared with the same period last year.
Vegetables and fruits continued to be one of the impressive export groups to the Chinese market with a turnover of 491.2 million USD, up by 84.5% over the previous month and up by 441% over the same period of 2022.
By the end of September, Vietnam’s exports to China reached 42.86 billion USD, up by 3.6% over the same period last year.
By the end of September, there were 10 groups of goods exported to this market with a turnover of 1 billion USD or more.
The top 3 names were: phones of all types and components with 10.9 billion USD; computers, electronic products and components with nearly 10 billion USD; fruits and vegetables with 2.75 billion USD.
On the contrary, the import turnover from China in the past 9 months reached 79.2 billion USD, down by 12.38 billion USD compared to the same period last year.
2 product groups with turnover of 10 billion USD or more were: computers, electronic products and components reaching 16.6 billion USD; machinery, equipment, tools, and spare parts reached 16.2 billion USD.
In addition, there were 12 other product groups with a turnover of 1 billion USD or more, including fabric; phones of all types and accessories; iron and steel; products from plastic; raw materials for textiles, garments, leather, shoes, etc.
Thus, by the end of September, the total import-export turnover between Vietnam and China reached 122.06 billion USD, of which our country's trade deficit was 36.34 billion USD.
Currently, China continued to remain Vietnam's largest trading partner, accounting for 24.6% of the country's total import-export turnover as of the end of September.
CK
Source: VITIC/haiquanonline.com.vn

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