Vietnam - China trade exceeds 31 billion USD
Thursday, March 27,2025
AsemconnectVietnam - In the first 2 months of 2025, Vietnam - China trade continued to flourish and reached 31.2 billion USD.
According to data from General Statistics Office - Ministry of Finance, in the first 2 months of 2025, Vietnam - China trade continued to grow. China is Vietnam's largest import market.
Specifically, in the first 2 months of 2025, export turnover to China reached 7.9 billion USD, down 2.1% over the same period. Import turnover from this market reached 23.3 billion USD, up 20.7% over the same period.
Sharing at trade promotion conference with Vietnamese trade office system abroad in February 2025, Mr. Nong Duc Lai, Vietnam Trade Counselor in China, said that China is the leading important trade partner, the second largest export market and the largest source of goods, especially raw materials for production of Vietnam.
However, since the beginning of the year, China has tightened imports of a number of items from Vietnam, including durian. According to Ministry of Agriculture and Environment, export value of fruits and vegetables in February 2025 is estimated at 350 million USD, bringing total export value of fruits and vegetables in the first 2 months of 2025 to 724 million USD, while the same period last year reached 970 million USD.
Compared to the same period last year, export value of fruits and vegetables to the Chinese market decreased by 43%.
Fruit and vegetable exports to China have dropped sharply, mainly because since the beginning of this year, the country has tightened inspections of chemical residues in fruits imported from all countries, including durian - Vietnam's main export item.
Accordingly, all durian shipments to be exported to China must have results of cadmium residue analysis and yellow O, conducted at laboratories recognized by this country.
Therefore, durian exports to China had to be temporarily suspended to adapt to the new regulations. In the first 40 days of this year, about 3,500 tonnes of durian were exported to China, down 80% compared to the same period last year. This is one of the reasons why exports to China decreased in the first 2 months of the year. Authorities are urgently looking for solutions to increase exports to this market.
To promote trade between Vietnamese localities and China, in the near future, the People's Committee of Lao Cai province coordinate with Vietnam Federation of Commerce and Industry (VCCI) to organize a series of events "Meeting 2025: Lao Cai - Center for connecting economic trade between Vietnam and ASEAN countries with the Southwest region - China".
Series of events will take place over 2 days, from March 14 to 15, 2025 at Muong Thanh Hotel, Lao Cai city, Lao Cai province.
About 140 foreign delegates, including representatives of embassies (ambassadors, trade counselors) of countries with strategic and important partnerships with Vietnam; countries from the EU, Asia, ASEAN; international organizations, promotion organizations; representatives of Chinese localities bordering Lao Cai province; business associations and foreign enterprises in Vietnam and neighboring regions of the Southwest - China...
Program "Meeting 2025: Lao Cai - Center for connecting economic trade between Vietnam and ASEAN countries with the Southwest - China" focuses on promoting, introducing image, investment and business environment, investment attraction projects in Lao Cai and signing a number of cooperation memorandums between the parties on investment commitments in Lao Cai province; organizing exhibition of typical industrial and rural industrial products, tourism...This is one of the activities to promote trade between Lao Cai in particular and other localities in general with China in the coming time.
Source: Vitic/ congthuong.vn
Specifically, in the first 2 months of 2025, export turnover to China reached 7.9 billion USD, down 2.1% over the same period. Import turnover from this market reached 23.3 billion USD, up 20.7% over the same period.
Sharing at trade promotion conference with Vietnamese trade office system abroad in February 2025, Mr. Nong Duc Lai, Vietnam Trade Counselor in China, said that China is the leading important trade partner, the second largest export market and the largest source of goods, especially raw materials for production of Vietnam.
However, since the beginning of the year, China has tightened imports of a number of items from Vietnam, including durian. According to Ministry of Agriculture and Environment, export value of fruits and vegetables in February 2025 is estimated at 350 million USD, bringing total export value of fruits and vegetables in the first 2 months of 2025 to 724 million USD, while the same period last year reached 970 million USD.
Compared to the same period last year, export value of fruits and vegetables to the Chinese market decreased by 43%.
Fruit and vegetable exports to China have dropped sharply, mainly because since the beginning of this year, the country has tightened inspections of chemical residues in fruits imported from all countries, including durian - Vietnam's main export item.
Accordingly, all durian shipments to be exported to China must have results of cadmium residue analysis and yellow O, conducted at laboratories recognized by this country.
Therefore, durian exports to China had to be temporarily suspended to adapt to the new regulations. In the first 40 days of this year, about 3,500 tonnes of durian were exported to China, down 80% compared to the same period last year. This is one of the reasons why exports to China decreased in the first 2 months of the year. Authorities are urgently looking for solutions to increase exports to this market.
To promote trade between Vietnamese localities and China, in the near future, the People's Committee of Lao Cai province coordinate with Vietnam Federation of Commerce and Industry (VCCI) to organize a series of events "Meeting 2025: Lao Cai - Center for connecting economic trade between Vietnam and ASEAN countries with the Southwest region - China".
Series of events will take place over 2 days, from March 14 to 15, 2025 at Muong Thanh Hotel, Lao Cai city, Lao Cai province.
About 140 foreign delegates, including representatives of embassies (ambassadors, trade counselors) of countries with strategic and important partnerships with Vietnam; countries from the EU, Asia, ASEAN; international organizations, promotion organizations; representatives of Chinese localities bordering Lao Cai province; business associations and foreign enterprises in Vietnam and neighboring regions of the Southwest - China...
Program "Meeting 2025: Lao Cai - Center for connecting economic trade between Vietnam and ASEAN countries with the Southwest - China" focuses on promoting, introducing image, investment and business environment, investment attraction projects in Lao Cai and signing a number of cooperation memorandums between the parties on investment commitments in Lao Cai province; organizing exhibition of typical industrial and rural industrial products, tourism...This is one of the activities to promote trade between Lao Cai in particular and other localities in general with China in the coming time.
Source: Vitic/ congthuong.vn
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