Vietnam-China bilateral trade reaches US$31 billion in first two months
Import and export activities between Vietnam and China were moderate in the first two months of the year, with a value exceeding US$31 billion, data from the National Statistics Office showed.
The value of imports from China in the past two months reached US$23.3 billion, an increase of 20.7% compared to the same period last year.
However, the value of exports to China was US$7.9 billion, a decrease of 2.1% compared to the same period last year.
The value of Vietnam’s fruit and vegetable exports in February was estimated at US$350 million, bringing the total export value of fruits and vegetables in the first two months of the year to US$724 million, according to the Ministry of Agriculture and Environment.
Compared to the same period last year, the value of fruit and vegetable exports to China dropped by 43%, while exports to the US increased by 38% and exports to Thailand rose by 5%.
Since the beginning of the year, China has tightened imports of certain items from Vietnam, including durian fruit.
China is Vietnam’s largest import market and the second-largest export market. It is also the largest supplier of goods, especially raw materials for production, to Vietnam.
Vietnam-China trade reached a new record high of US$205 billion last year.
Vietnam-China trade turnover reaches nearly US$200 billion
VOV.VN - Two-way trade turnover between Vietnam and China during the past months of the year reached US$185.4 billion, according to the latest report released by the General Statistics Office (GSO).
