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Vietnam trade with nearly 30 nations hit US$147b in 2015
VNS/Hanoitimes 14:22, 2016/01/26
Of more than 200 countries and territories that Vietnam had trade relations with last year, there were 29 countries that the country had export turnover of more than US$1 billion.

The export value to the 29 countries hit US$147.4 billion, accounting for nearly 90.9% of the total export value of Vietnam, according to the General Department of Customs.

The US is the largest importer of Vietnamese goods with total turnover of US$33.5 billion, increasing by 16.9% compared to 2014.

This is also the market in which Vietnam recorded the largest surplus with US$25.68 billion.

Key products exported to the US include textiles and garments with nearly US$11 billion, a year-on-year increase of 11.7% and accounting for 32.7% of the country's export value to this market.

Exports of footwear ranked second with export value of over US$4 billion, up 22.5%; followed by computers, electronic products and components with US$2.8 billion, up 33.7%.

 
 
vietnam trade with nearly 30 nations hit us$147b in 2015 hinh 0

Other large export markets of Vietnam are China and the Republic of Korea (RoK) with turnover of US$16.6 billion and US$8.9 billion respectively.

Exports to the Americas hit US$55.4 billion, a year-on-year increase of 18.6%.

Export value with Europe and Africa reached US$46.6 billion and US$5.1 billion, growing 9.4% and 9.8% respectively.

Meanwhile, exports to Oceania decreased by 16.2% to US$5.79 billion.

In terms of importing, there are 19 markets that Vietnam imported commodities from of more than US$1 billion, with a total value of US$150.4 billion, accounting for 90.8% of the total imports of the country.

China continued to be the leading market in supplying goods for Vietnam with an import value worth US$49.5 billion, increasing 13.9% compared to 2014.

Main commodities imported from China are machinery, equipment, tools and spare parts with turnover of US$9 billion; telephones and accessories with US$6.9 billion; fabrics with US$5.2 billion and computers, electronic products and components, earning US$5.2 billion.

The second largest exporter to Vietnam is the RoK with a value totalled US$27.6 billion, increasing 27% compared to 2014.

Other large exporters included Japan (US$14.4 billion), Taiwan (China) (US$11 billion) and Thailand (US$8.3 billion). 

 
 
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