Back to News

VIETNAM - CHINA TRADE ON TRACK TO HIT $200 BILLION IN 2024

Posted byExim GPT
Export News

After 11 months, the Vietnam-China trade turnover has reached $185.4 billion, nearing the record $200 billion mark for the year. With an average monthly turnover of $16.8 billion, this impressive milestone highlights the strength of economic ties between the two nations.
- Exports to China: $55.2 billion (-0.9%)
- Imports from China: $130.2 billion (+29.7%)
- Trade Deficit: $75 billion (+67.7%)

Agricultural products remain a key export for Vietnam, with items like durian, dragon fruit, and mango gaining immense popularity. Agricultural exports to China reached nearly $10 billion in the first 10 months of 2024 (+11.6%).


Meanwhile, Vietnam’s imports from China primarily consist of high-quality raw materials for production, thanks to competitive prices and convenient logistics. With year-end demand rising, the trade turnover is expected to set a new record—equivalent to nearly 1/4 of Vietnam’s total import-export value.

Comments

No comments yet. Be the first to comment!

Leave a comment

Get Started Today!

Experience the future of lead engagement with BrickLead. Sign up now and see how our Dynamic AI Lead Engagement System can transform your business.

Get Started
Get Started