China, Korea and the US are the leading trading partners of Vietnam

11:22 | 15/06/2017

VCN- According to the General Department of Vietnam Customs, China remains the largest trading partner of Vietnam in the first five months of 2017 with a turnover of $US 32.76 billion, up 23.6% over the same period last year.

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china korea and the us are the leading trading partners of vietnam

Structure of the Vietnam's largest import-export markets in the first five months of 2017

Followed by Korea with $US 23.94 billion, sharply increasing by 45.2%; the US market gave up place to Korea and became the Vietnam's third largest trading partner with a turnover of $US 19.96 billion, up 12.9%; the EU (28 countries) was the Vietnam's fourth largest trading partner with a two-way turnover of $US 19.66 billion, up 13.3%.

In the five months of 2017, among Vietnam's ten largest trade partners, only three partners had a trade surplus. Among them, the United States is the largest importer of Vietnam with a trade surplus of $US 12.07 billion; Followed by the EU market with a trade surplus of $US 10.03 billion, the Japanese market with a smaller trade surplus of $ US 152 million.

With a turnover of $US 25.5 billion, China is the biggest trading partner of Vietnam

VCN- The total value of imports and exports between Vietnam and China continues to increase. Notably, Vietnam's ...

Meanwhile, in terms of trade deficit, the Korean market is the leading exporter with a deficit of $ US 12.96 billion, followed by Chinese market with $ US 11.5 billion; and Taiwan with $ US 3.9 billion.

By Ha Nhi/Ngoc Loan