Vietnam-China trade turnover exceeds 130 billion dollars

Hanoi, Sep 17 (Prensa Latina) The trade turnover between Vietnam and China reached 130 billion dollars in the first eight months of this year, official statistics indicate in this capital on Tuesday.

September 17, 2024
11:30

From January to August, trade between the two countries reached 130.78 billion dollars, while Chinese exports amounted to 92.5 billion dollars, with a year-on-year growth of 34.25 percent.

Vietnam, which sold 38.28 billion dollars worth of products to China, ran a trade deficit of 54.22 billion dollars, the General Department of Customs reported.

The same source informed that of the goods imported by the Indochinese nation, 15 groups had turnover surpassing one billion greenbacks and two of them exceeded 10 billion dollars. They are machine tools and spare parts (18.43 billion dollars), and computers, electronic products, and components (22.65 billion dollars).

To date, China is the only market with which Vietnam exceeds 100 billion dollars in trade, VNA stated and added that it could reach 200 billion US dollars in 2024.

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